HCLTech wins $1.14-billion AI deal from European firm
HCL Tech on Friday said that it has won a strategic contract valued at $1.14 billion deal from a Europe-headquartered Fortune Global 50 company to transform and manage its digital workplace and enterprise networks. While the company did not disclose the client, industry sources identified it as Mercedes-Benz.
The development marks one of the largest AI-led deals secured by an Indian IT services company in recent years and offering a rare bright spot for the sector amid weak discretionary technology spending.
