Devina Mehra, Founder and Chairperson-Managing Director of First Global, believes the artificial intelligence (AI) boom globally may be too narrow, driven by only a handful of companies, even as India's information technology (IT) sector appears to be coming out of its underperformance phase. Speaking to Business Today on Monday, Mehra said Indian IT companies have repeatedly adapted to technological shifts and are now doing the same with AI. Advertisement

"It is not a sector we are heavily overweight, but we have never been as negative on the IT sector as some other fund managers have been. I am of the view that Indian IT companies have pivoted their business model many, many times. The IT managed to pivot. And as they're doing with AI also. My kind of bugbear with them is something d

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