India's LTIMindtree betting big on new AI unit, CEO says

Figurines with computers and smartphones are seen in front of LTIMindtree logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration

BENGALURU (Reuters) -LTIMindtree is doubling down on AI with investments in a newly-launched platform that helps companies adopt the technology, its top boss said, as India's $283-billion IT industry faces broader cuts in non-essential spending by clients.

The business, BlueVerse, launched in June, uses ready-made digital assistants to solve problems for firms.