LTIMindtree, at its FY24 Q3 earnings call today, announced that it is working with close to 140 customers in generative AI, without delving too much into the details.
Similar to its other counterparts, the likes of TCS, Infosys, HCLTech and Wipro, LTIMindtree as well did not reveal details of generative AI investments or revenue details. “Generative AI is not a standalone element but rather integrated into various service lines, making it challenging to pinpoint its direct financial impact.” said the company’s CEO Debashish Chatterjee.
The company added that it added 500 freshers this quarter and plans to hire more.
Meanwhile, Chatterjee said that it is upskilling close to 10,000 of its staff to bolster generative AI advancements. He further highlighted the importance of technology investment for driving revenue growth and enhancing customer engagement.
Read: Accenture’s Gen AI Numbers Signal Shift for Indian IT
Back in June last year, it launched Canvas.ai, a generative AI platform to accelerate concept-to-value realisation for enterprises, all while adhering to ethical AI principles. Back in June, the company said that it plans to spend around $40 to $50 million on AI capabilities and offerings.
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