TCS

The disclosure comes as India’s largest IT services firm pushes AI-led growth amid weaker outsourcing demand and longer deal cycles.

Deal, if confirmed, would add to CEO K. Krithivasan’s run of billion-dollar contracts

The IT firm is cutting roles, funding data centers, and rewiring contracts as code generation and “continuous assurance” take hold.

The lab aims to co-create smart, scalable solutions that work in real time on-site, whether in factories, hospitals, or other critical settings, so decisions happen instantly, without relying on the cloud.

TCS’s move comes as the Indian IT industry undergoes sweeping changes in response to growing demand for AI, digital transformation, and automation