TCS shares rise 3.5% as AI revenue grows 20% to $3.1B

TCS said its AI-related revenue rose nearly 20% quarter over quarter in July–September, to $3.1 billion from $2.6 billion. The company's shares gained 3.5% on the news.

• AI revenue rose to $3.1B from $2.6B quarter over quarter
• Growth was nearly 20% from the previous quarter
• TCS shares climbed 3.5% on the results