Bankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business workflows, as AI reshapes the software landscape and raises questions over legacy software valuations.

Investors are now scrutinising massive artificial intelligence infrastructure spending by major tech companies. Hyperscalers are increasingly relying on debt to finance these…

Bankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business workflows, as AI reshapes the software…