Infosys sharpens focus on generative AI, open to acquisitions: Parekh

Infosys is rolling out artificial intelligence (AI)-first strategy with a sharp focus on generative AI, the company’s Chief Executive Officer and Managing Director Salil Parekh said at the 42nd annual general meeting held virtually on Wednesday.

Infosys is also open to making strategic acquisitions across different sizes in Cloud and AI framework, informed Parekh. Last year, Infosys acquired BASE life science, a consulting and technology firm in the life sciences industry in Europe, to scale up its digital transformation capabilities with Cloud-based industry solutions.