
Tata Consultancy Services (TCS) reported that its artificial intelligence business is continuing to grow, with AI revenue reaching an annualised run rate of nearly $2.5 billion in the latest quarter.
Speaking at the company’s Annual General Meeting, Chairman N Chandrasekaran noted that AI revenue has grown over the last four quarters at a 22% compound quarterly growth rate (CQGR).
During the meeting, Chandrasekaran disclosed that TCS is developing a large number of AI agents for different business applications. He remarked that the company may eventually have a number of AI agents equal to its employee base.
TCS chairman observed that AI is being used to redesign business processes rather than only automate repetitive tasks. He referred to an AI platform developed by the company for a global banking client that can manage the entire customer process.
He also pointed to growing demand for services related to AI governance, compliance, monitoring and cost control as enterprises deploy these systems on a larger scale.
The company is also seeing interest in sovereign AI infrastructure from governments and regulated sectors that require greater control over data and security.
Chandrasekaran noted that TCS has introduced sovereign AI infrastructure offerings in India and Europe while supporting clients in integrating AI with existing technology systems.
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As of June 9, 2026, 2:11 pm, Tata Consultancy Services (TCS) share price was trading at ₹2,134.30, down 0.79% from the previous closing price.
TCS shared updates on its AI initiatives, including revenue growth and the development of AI agents for enterprise use. It also pointed to rising demand for AI infrastructure and management services across sectors.
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Published on: Jun 9, 2026, 2:47 PM IST

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