Tata Consultancy Services in India plans to build a frontline AI deployment engineering team of up to 8,900 people

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ME News message, July 12 (UTC+8). Two executives at India’s Tata Consultancy Services (TCS) said the company is setting up a frontline AI deployment engineer team with a size of up to 8,900 people, and is actively seeking acquisition opportunities in the AI sector. The company believes that artificial intelligence will create new business opportunities rather than undermine its traditional IT outsourcing business. Against the backdrop of this strategy, investors are worried that AI could disrupt India’s IT services industry worth up to $315 billion. The market broadly believes that AI may reduce firms’ demand for engineering teams, shorten project delivery cycles, and—when customers ask to share the productivity gains brought by AI—further squeeze service prices and profit margins. Click the original link below to join the Beating · Feishu AI News channel and monitor global AI hotspots and news 7×24 nonstop. (Source: BlockBeats)
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