3 mid-cap IT stocks strengthening their AI businesses through global acquisitions

It’s no secret that global investors have sharply increased their investment focus on IT companies that are heavily focused on providing AI-led solutions coupled with related expertise in cloud and data engineering services. The global investor hype towards the forthcoming IPOs of leading US-based AI players like OpenAI and Anthropic are also well recognised.

And while Indian IT companies do not have a pure-play AI-based investment theme, investors are also looking beyond the traditional large IT services companies like Infosys, HCL Tech and Wipro . For these leading IT services company, AI-based revenue is still a very small portion of their total revenues.