Infosys CEO Salil Parekh on Thursday said that his company was utilising generative AI capabilities for clients and within the company as well.
During the earnings press conference, Parekh said that Infosys currently had active programmes and projects on generative AI with clients.
“Today, we have active programs and projects with clients working with generative AI platforms to address specific areas, processes, and libraries within their business,” he said.
Parekh said Infosys has trained open source generative AI platforms on its own internal software development libraries. “We anticipate generative AI to provide more opportunities for work with our clients and to enable us to improve our own productivity,” he added.
He said that these projects are focused on Large Models to help clients.
A recent report by Goldman Sachs Research said that Generative AI alone could raise global GDP by 7 per cent (or almost USD 7 trillion) and lift productivity growth by 1.5 percentage points over a 10-year period.