"This is not the regular AI revenue. This is advanced AI revenue," Vijayakumar told ANI on the sidelines of the company's quarterly earnings report. "Regular AI is embedded across our business. What we are calling out separately is advanced AI revenue, which is about USD 148 million this qua
The report found that while nearly nine out of ten companies are now using AI in at least one business function, most remain in the pilot or experimentation phase, with only about a third having scaled their AI programs across the enterprise.
Artificial Intelligence (AI) could trigger around 20 per cent revenue deflation in the global IT services sector between calendar years 2025 and 2030, posing significant headwinds for the industry, according to a report by Jefferies.