Infosys has inked an agreement with an existing client to provide Artificial Intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion. AI and automation-related development, modernisation and maintenance services are included in the agreement, the company said.
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In May, Infosys launched a new platform named Infosys Topaz that brings a combination of data analytics and generative AI. The new platform aims to create efficiencies across the enterprise by using smart tools, platforms, and autonomous software engineering for business agility.
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The announcement by Infosys comes at a time when its competitors like TCS and Wipro have announced plans to delve deeper into generative AI technology.
