Investments in AI to surge in IT services as enterprises expand deployments: Report

New Delhi [India], February 17 (ANI): The adoption of artificial intelligence (AI) is accelerating as enterprises move beyond proof-of-concepts to full-scale deployments, according to ICICI Securities report.

Leading cloud service providers, or hyperscalers, are witnessing a strong demand for AI-driven solutions, prompting them to maintain high capital expenditure (capex) commitments.

Tech giants like Microsoft, AWS, and Google are making significant investments to expand their AI and cloud infrastructure.