New Delhi, Oct. 15 -- Infosys is expanding its artificial intelligence (AI) business while preparing to recruit another 20,000 graduates, even as 80,000 of its employees already use AI coding tools. Infosys' chief executive and managing director Salil Parekh expects AI services to account for almost half of the company's work within two to three years.

Speaking at the Bloomberg New Economy Forum 2026 on Tuesday, Parekh said AI services contributed more than 8% of Infosys' revenue in the previous quarter and were growing at a double-digit rate sequentially.

The company hired 20,000 college graduates last year and plans to recruit another 20,000 in the current financial year. The recruits are trained in AI before working with clients to d...