Tata Consultancy’s AI push uses a blurry yardstick

1 Min Read


A man walks past a logo of Tata Consultancy Services (TCS) before a press conference announcing the company's quarterly results in Mumbai

A man walks past a logo of Tata Consultancy Services (TCS) before a press conference announcing the company’s quarterly results in Mumbai, India, January 11, 2024. REUTERS/Francis… Read more

BENGALURU, July 10 (Reuters Breakingviews) – The $78 bln IT services giant upped hiring at ‌the fastest pace in three years in the June quarter and says rising AI token costs may drive ​work its way. Yet slowing growth in ​its AI revenue, a fuzzy metric meant ⁠to showcase its tech credentials, sends a ​less optimistic signal.

Sign up here.

Editing by Una Galani; Production by Aditya Srivastav

Our Standards: The Thomson Reuters Trust Principles., opens new tab



Source link

Share This Article
Leave a Comment