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AI NewsVirtusa CEO Admits Some AI Projects Are Losing Money, But Bets Big on Chips

Virtusa CEO Admits Some AI Projects Are Losing Money, But Bets Big on Chips

2:51 PM IST ยท November 12, 2026

Virtusa CEO Admits Some AI Projects Are Losing Money, But Bets Big on Chips

Nitesh Banga says a traditional Scrum team of 11 or 12 people could potentially be reconfigured into four human orchestrators working alongside seven or eight AI agents.

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Virtusa CEO Admits Some AI Projects Are Losing Money, But Bets Big on Chips