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The Economic Times
The Economic Times

TCS’ annualised AI revenue rises to $2.6 billion in Q1

TCS K Krithivasan

Tata Consultancy Services (TCS) reported annualised artificial intelligence (AI) revenue of $2.6 billion for the June quarter, up from $2.3 billion in the March quarter and $1.8 billion in the December quarter, showing steady growth in its AI-led business.

During the latest quarter, the company signed several AI- led deals, including an $800 million engagement with SKF and a multi-million dollar deal with ServiceNow. It also recently announced a multi-year AI partnership with ABB to modernise the engineering company’s global network operations.

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