Tata Consultancy Services Ltd

TCS will create a Claude-focused business unit, give 50,000 employees access to the AI assistant and build industry-specific tools for regulated sectors.

N. Chandrasekaran said AI will reduce hiring needs in IT services but create new roles as companies deploy and govern AI systems.

The multiyear, multimillion-euro agreement will modernize Canada Life’s IT infrastructure across Europe, though TCS did not disclose the contract value.