Infosys bets big on AI

Infosys, which reported a consolidated net profit of Rs. 3,483 crore for the first quarter of fiscal 2017-18, has said it continues to help clients drive automation and innovation into the core of their businesses. The company's own artificial intelligence platform Nia, which it launched this year, is among the cutting-edge technologies it's focusing on. "We are training our existing employees for these new skills. Last quarter, we finished training 3,000 people on AI technologies," Chief Executive Officer Vishal Sikka said. "There is absolutely no slowdown in hiring in India," he said, when asked about the impact in the country due to the recruitment drive in global markets like the U.S. Mr. Sikka arrived for the media briefing in a driverless golf cart, a vehicle that has been indigenously developed at its Mysuru campus.