Cognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI agents are increasingly capable of automating tasks across software development, application maintenance and back-office operations, potentially disrupting traditional outsourcing models. Nasdaq-listed software services company Cognizant Technology Solutions is in talks to participate in Sarvam’s latest financing round, which is expected to value the Indian artificial intelligence startup at $3.