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Infosys Sees AI as a Growth Catalyst, Predicts $400 Billion Opportunity for IT Services Industry by 2030
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Infosys Sees AI as a Growth Catalyst, Predicts $400 Billion Opportunity for IT Services Industry by 2030

Artificial intelligence is poised to become one of the biggest growth drivers for the global technology services industry over the next decade, according to Infosys, which believes AI will complement rather than replace the role of IT services companies. The technology giant has projected that AI-related opportunities for the industry could reach as much as...

Cisco Announces Major Workforce Reduction Amid AI-Driven Business Restructuring
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Cisco Announces Major Workforce Reduction Amid AI-Driven Business Restructuring

Global technology giant Cisco is preparing to eliminate approximately 4,000 positions as part of a broad restructuring initiative aimed at strengthening its artificial intelligence capabilities and streamlining operations for long-term growth. The move comes at a time when the company is witnessing a surge in customer demand and increased enterprise spending on AI-powered infrastructure solutions....