Infosys

Co-founder, Infosys

Infosys will buy a 75% stake in Telstra’s cloud services arm Versent Group for $153 million to boost its Australian presence, integrating AI and cloud platforms into the business.

The world is facing “a perfect storm of multiple colliding trends,” including rising trade barriers, a shift away from global integration, rapid advances in AI, and the push for cleaner energy, Infosys Ltd chairman Nandan Nilekani told shareholders at the company’s 44th annual general meeting on Wednesday.

Executive V-P and CTO, Infosys