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APAC businesses expected to nearly triple spending on generative AI to US$3.4bn in 2024: Infosys Research - Vimarsana News

APAC businesses expected to nearly triple spending on generative AI to US$3.4bn in 2024: Infosys Research

Companies across Asia-Pacific (APAC) are quickly ramping up investments in generative AI (GenAI) and entering a higher stage of maturity, according to new research from the Infosys Knowledge Institute (IKI), the research arm of Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting. While APAC companies currently lag behind their North American counterparts in GenAI spending, the research forecasts a bigger increase than in any other region – 140% in t

Source: yahoo.com
Spending on Gen AI in Asia-Pacific region to triple to $3.4 bn in 2024, says Infosys Research - Vimarsana News

Spending on Gen AI in Asia-Pacific region to triple to $3.4 bn in 2024, says Infosys Research

China leads the region, with investment expected to grow by more than 160% to $2.1 billion, shows the finding from the research arm of Infosys.

 - Vimarsana News

Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, is advancing it's AI footprint at the 2024 Australian Open (AO) with generative AI …

Source: ots.at
Federal government paid Infosys $191m for Centrelink calculator that only processed one type of payment - Vimarsana News

Federal government paid Infosys $191m for Centrelink calculator that only processed one type of payment

Automated welfare ‘engine’ was part of effort to overhaul payments system but then abandoned, with Bill Shorten saying it ‘wasn’t fit for purpose’

Stuart Robert met Infosys 11 times before $191m deal - Vimarsana News

Stuart Robert met Infosys 11 times before $191m deal

The new details add to a series of revelations about the former MP’s dealings over several years when he was a backbencher and a senior minister.

Source: smh.com.au