After 3,300 layoffs, HCLTech says it is investing Rs 3,500 crore in AI data centres

HCLTech is investing Rs 3,500 crore in AI data centres after cutting 3,300 jobs. CEO C Vijayakumar said, “AI has fundamentally changed the economics of computing.” The firm aims to build 50 MW capacity to meet rising demand. This move marks a new growth path for the IT giant.