Enough demand for AI with profitability in sight, says Infosys CEO Salil Parekh

Infosys CEO Salil Parekh stated there is sufficient demand for AI, with the company's AI services driving revenue growth at a rapid pace. The CEO shared that eight percent of Infosys' revenue currently comes from AI services, which is growing by double-digit percentages quarter-on-quarter. Tillman Global Holdings CEO Sanjiv Ahuja explained that they have barely scratched the surface of the demand for AI, citing 30 million software developers and a billion knowledge workers worldwide.

Brookfield Asset Management CEO Connor Teskey agreed, noting that the demand for AI is overwhelming the supply, leading to a supply-demand imbalance through the end of the decade. Experts have debated whether AI-driven optimism is a bubble or not, but Teskey and Ahuja both believe that profitability in AI is on the horizon. A major bottleneck hindering this AI demand is the insufficient data center capacity and energy supply, which are critical infrastructure needs.

The panel discussed various sectors where AI demand could arise, such as enterprises, the nuclear sector, consumers, and others. The bottleneck, according to the panel, lies in the data center capacity and energy supply, which are essential for the growth of AI.