Infosys is an Indian IT services and consulting company that provides software, cloud and digital services to business clients. Recent coverage focused on its AI business: AI revenue rose 29% quarter-on-quarter in the July-September quarter, while AI-driven productivity gains weighed on traditional segments. Chairman Nandan Nilekani dismissed fears that AI will eliminate jobs as "hogwash," saying the technology will boost small businesses and demand new skills.
AI revenue rises at India's TCS and Infosys while overall sales face pressureIn the July-September quarter, TCS's annualized AI revenue grew more than 19% and Infosys's AI revenue rose 29% quarter-on-quarter, driven by high-margin contracts deploying AI across legacy systems. Analysts note that AI-led productivity gains are squeezing traditional segments, leaving overall revenues under pressure.
NVIDIA Powers European Retail Digital TransformationEuropean retailers are using open models and physical intelligence across commerce and fulfillment. Shopify post-trained NVIDIA Nemotron 3.5 Lightning, surpassing a leading frontier model on its internal benchmark while cutting serving costs 90% and delivering 7x faster responses; Zooplus rebuilt product discovery with NVIDIA technology, reaching 86% search accuracy in a prototype.
Infosys Chairman Calls AI Job Fears 'Hogwash'Infosys Chairman Nandan Nilekani dismisses fears that AI will eliminate jobs as 'hogwash', saying the technology will galvanize small businesses and fuel demand for new skills.
The A.I. Daily