Global IT spending is surging due to Artificial Intelligence. India’s IT sector sees a significant opportunity in managed services as companies shift focus to AI. However, traditional IT services firms face challenges as clients expect cost savings from AI adoption. India can benefit from AI infrastructure without building massive data centers locally.
Christopher Wood warns of AI fatigue. Why Jefferies is turning to India and China
Christopher Wood of Jefferies warns that the AI trade is showing signs of fatigue as investors seek cheaper value opportunities. With India and China positioned