Here is what TCS Chairman N Chandrasekaran said about investing in AI
Tata Consultancy Services (TCS), India's largest IT services company, is significantly investing in building artificial intelligence (AI) capabilities, including AI-powered products and platforms, said TCS chairman N Chandrasekaran.
"The impact of AI and machine learning is going to be profound. There is a transition already underway from predictive AI to generative AI. Majority of the businesses are still adopting predictive AI and are on the journey of capturing large volume of data, harnessing the power of cloud and IoT. There are varying levels of adoption in companies across sectors. Leveraging generative AI would further require technology innovation and investments," Chandrasekaran told shareholders in its latest annual report for 2022-23