Synopsis
Per COO Aarthi Subramanian, a partnership with Anthropic is a possibility. During the year, the IT major pushed aggressively into the AI ecosystem through collaborations with global technology leaders and strengthened enterprise alliances. It also continued to secure large, multi-year transformation deals across sectors, including telecom, retail, banking, aviation and consumer industries.The IT major has underlined its focus on artificial intelligence (AI), cloud, and large-scale enterprise transformation as key growth drivers in Q4.
Aarthi Subramanian, chief operating officer (COO) of TCS, also hinted at a potential partnership with Anthropic in the near future.
The company reported a total contract value (TCV) of $40.7 billion for FY26, including $12 billion in the fourth quarter alone. It also secured three mega deals in Q4 and five across the full fiscal year, including strategic partnerships with OpenAI, AMD, and Swedish multinational corporation ABB.
“We are pleased to report the third consecutive quarter of sequential growth, supported by three mega deals and a $12 billion TCV,” said K Krithivasan, CEO of TCS.
The company reported annualised AI revenues exceeding $2.3 billion. “FY26 marked a pivotal year for enterprise AI adoption,” said Subramanian.
During the year, TCS made an aggressive push into the AI ecosystem through collaborations with global technology leaders and strengthened enterprise alliances during Q4. Here’s a list of the major deals:
AMD
The company entered into a strategic alliance with Advanced Micro Devices (AMD) to jointly develop industry-specific AI solutions, combining the domain expertise of TCS with AMD’s high-performance computing portfolio. The partnership will also extend to building AI-ready data centre infrastructure in India.
OpenAI
TCS also announced a partnership with OpenAI, aimed at driving AI adoption across Tata Group companies and global clients. As part of the collaboration, the two companies will develop AI infrastructure in India, starting with 100 MW capacity and scalable up to 1 GW.
“AI adoption is accelerating, and unlocking its potential requires a new scale of high-performance computing and deep collaboration across the industry. Through our work with TCS, we are helping customers translate AI innovation into new growth opportunities across industries,” Sam Altman, CEO of OpenAI, said.
Nvidia
TCS also expanded its AI ecosystem through partnerships with Nvidia, launching a Rapid Outcome AI platform, and with ServiceNow to build AI-powered enterprise workflow solutions.
Cisco
TCS partnered with Cisco to set up a centre of excellence (CoE) in Hyderabad, focussed on autonomous enterprise operations, and with GitLab to enable AI-driven software development lifecycle orchestration.
ABB and Honeywell
The company also signed agreements with industrial majors such as ABB and Honeywell to drive AI initiatives, alongside launching a secure digital workplace platform in collaboration with Zscaler.
Morten Wierod, CEO, ABB, said, “Leaders in every sector are investing heavily in AI, but many are struggling to demonstrate a return on that investment. Productivity only increases when employees have the skills and confidence to work alongside new technology. Use AI to solve business challenges and deliver tangible productivity improvements.”
