Infosys signs deal for AI-led development, to spend about $2 billion over five years

Infosys has announced that it has signed a deal with an existing client to provide artificial intelligence (AI) and automation-led services for over five years, with a target spend estimated at $2 billion.

India’s second-largest software services exporter, Infosys, has signed a deal with an undisclosed client for AI and automation-related development, modernisation, and maintenance services. The deal was announced in an exchange filing shared by Reuters, but the client’s name was not disclosed.