DAVOS: Infosys Sees Good Outlook for AI Services, CEO Says -- Market Talk

Dow Jones

01/22

0810 GMT - Infosys sees a good outlook for artificial intelligence services, Chief Executive Salil Parekh tells CNBC at the World Economic Forum in Davos, Switzerland. The Indian technology company has identified six areas of new types of opportunities and growth, such as software development, he says. This momentum in AI is partly why Infosys raised its revenue guidance for the year, Parekh adds. Nevertheless, there are some areas of compression because of AI and some industries like retail or high tech don't have an outlook as clear as financial services does, the CEO says. A key risk for investors remains that India is still without a U.S trade deal and subject to significant tariffs. Tariff discussions are however more on goods rather than on services, Parekh says. (nina.kienle@wsj.com)

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January 22, 2026 03:10 ET (08:10 GMT)

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The Indian technology company has identified six areas of new types of opportunities and growth, such as software development, he says. This momentum in AI is partly why Infosys raised its revenue guidance for the year, Parekh adds. Nevertheless, there are some areas of compression because of AI and some industries like retail or high tech don't have an outlook as clear as financial services does, the CEO says. A key risk for investors remains that India is still without a U.S trade deal and subject to significant tariffs. Tariff discussions are however more on goods rather than on services, Parekh says. 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