In an exclusive conversation with Business Today, Subramaniam said, “Generative AI technology has a lot of potential. It has been widely embraced by consumers, and now enterprises are exploring its applications. However, there are constraints when adopting generative AI at an enterprise level.”
Discussing the factors contributing to the current softness in demand, Subramaniam pointed to the banking crisis that unfolded in the previous quarter and the cautious approach of governments in the West.