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LTIMindtree doubles down on AI with new platform amid IT spending cuts

Published 27/10/2025, 11:12
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Investing.com -- LTIMindtree is increasing its investments in artificial intelligence through a newly-launched platform called BlueVerse, which helps companies adopt AI technology, according to CEO Venugopal Lambu.

The platform, which was launched in June, utilizes ready-made digital assistants to solve problems for firms. This initiative comes as India’s $283-billion IT industry faces broader cuts in non-essential spending by clients.

"The conversation around AI is getting serious," Lambu said in an interview. "That’s the big green shoot I see." The CEO did not disclose the size of the planned investment in the AI unit.

LTIMindtree is experiencing a spike in smaller, AI-led deals that generate quick revenue, while AI technology is increasingly becoming the foundation for larger, strategic contracts, according to Lambu.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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