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Why did Infosys lose a $1.5 billion AI contract?

This comes at a time when IT companies are struggling to win major deals from clients. BENGALURU: IT major Infosys has lost a $1.5 billion AI contract from an undisclosed global company.

What will Infosys do with AI?

Under the deal, Infosys will provide enhanced digital experiences and business operation services, leveraging the company's platforms and artificial intelligence (AI) solutions, it said on Thursday. Infosys did not name the company nor mention whether it is an existing client.

Why did Infosys lose a multi-year mega contract?

Infosys (INFY) loses a multi-year mega contract worth $1.5 billion, which required it to provide an array of upgraded digital experiences and operational services based on its platforms and AI solutions.

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