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Gen AI a friend, not foe: Wipro’s new chief Pallia tells curious shareholders | Mint

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Wipro Ltd's CEO, Srinivas Pallia, sees generative artificial intelligence (Gen AI) as an opportunity for the business in the medium to long term. This was stated at the company's annual general meeting, where shareholders raised questions about the company's adoption of Gen AI. Similar inquiries were made at the AGMs of Tata Consultancy Services and Infosys Ltd. Concerns about Gen AI's impact on work done by IT outsourcing firms have arisen as India's IT services sector reported weak revenue growth. Wipro Chairman, Rishad Premji, highlighted the distinct opportunity for AI to reshape industries and enhance efficiencies. Shareholders also questioned senior management exits at Wipro.