TCS bets on Microsoft AI partnership to fuel growth

Indian IT giant Tata Consultancy Services Ltd is reportedly betting on its partnership with software major Microsoft Corp to develop artificial intelligence-based software services for clients, seeking to win higher margins to fuel growth.
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As per the report in Bloomberg, TCS has deepened its collaboration with Azure OpenAI, the association between Microsoft and Sam Altman-led OpenAI. For those unaware, OpenAI is the company behind the sensational chatbot ChatGPT. TCS is also said to be using cloud-based AI tool GitHub Copilot to offer solutions such as fraud detection to financial services clients or personalised customer services to retailers.