TCS Share Price Rises on New GenAI Strategy

TCS shares gained 1.78% on Monday after the IT giant announced a new strategy focussing on generative AI.

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The largest Indian IT company has created a new business group to benefit from AI deployment.

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TCS CEO K. Krithivasan has set up a new business unit called TCS AI Cloud.

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7 business group leaders will oversee TCS’s Industry Solutions Units, and current managers will report to them.

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TCS’ rivals Wipro, Infosys, and HCL Tech have also started investing heavily in AI to stay ahead of the curve.

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TCS Share Price Rises on New GenAI Strategy

TCS shares gained 1.78% on Monday after the IT giant announced a new strategy focussing on generative AI.

The largest Indian IT company has created a new business group to benefit from AI deployment.

TCS CEO K. Krithivasan has set up a new business unit called TCS AI Cloud.

7 business group leaders will oversee TCS’s Industry Solutions Units, and current managers will report to them.

TCS’ rivals Wipro, Infosys, and HCL Tech have also started investing heavily in AI to stay ahead of the curve.

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