- Published on April 18, 2024
- In IT Services
Infosys Feels Good About Its Work with Generative AI
Shows overconfidence in generative AI without revealing the numbers, unlike its competitors.
- By Mohit Pandey
After showing little to no confidence in generative AI in the last quarter, Infosys revealed in its Q4FY24 quarterly reports that the IT giant is seeing excellent traction with its clients for generative AI work. However, this quarter, as well, it did not disclose the revenue from generative AI.
Meanwhile, during its recent earnings, TCS revealed that it has an AI and generative AI pipeline worth $900 million, as CEO and MD K Krithivasan revealed during the Q4 2024 earnings call. This figure nearly matches the revenue achieved by rival Accenture, which totalled $1.1 billion in the first two quarters.
“We're working on projects across software engineering, process optimisation, customer support, advisory services, and sales and marketing,” said Salil Parekh, Infosys CEO. We'
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Mohit Pandey
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.
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