The IT bellwether also announced a strategic collaboration with Anthropic to deliver advanced enterprise AI solutions across sectors, including telecommunications, financial services, manufacturing and software development. At the same time, several entities have suggested that AI productivity could compress IT services revenues. On the partnership with Anthropic, Parekh said the collaboration aims to accelerate AI value realisation for global enterprises. “The good news is that for the first time we have the tools to modernise quickly thanks to AI,” Nilekani said. Effective implementation, he said, requires “laser-focus.”Stock reactionInvestor sentiment improved following Nilekani’s comments and the Anthropic partnership announcement.

Source: The Telegraph February 18, 2026 00:28 UTC