Coforge says AI is expanding its margins. Its rivals call it ‘AI deflation’
Coforge reported first quarter revenue of $592.2m on Monday. That is a rise of 33% in dollar terms over the year, and 21.1% on the previous quarter. In rupees the annual increase reads 49%. Profit after tax reached $55.6m. Those numbers land in an industry bracing to shrink. HCL Technologies has warned of “AI deflation”. […] This story continues at The Next Web from LatestTechyTalks
