INFOSYS AND COGNITION
Infosys shares in focus on AI-first framework to capture $400 bn services opportunity. What are brokerages saying?
Infosys shares are in focus after it unveiled Infosys Topaz, its AI-first framework, aimed at helping enterprises unlock AI value at scale. Analysts see an incremental $300–400 billion AI services opportunity by 2030. Motilal Oswal maintains a Buy rating, Morgan Stanley an Equal Weight rating, while Q3FY26 results show stable margins and 9% revenue growth.
Infosys shares in focus following strategic AI partnership with Cognition
The integration of Infosys Topaz Fabric and Cognition’s autonomous engineering tech is expected to fast-track software development and modernisation.
Infosys, Cognition join hands to push AI software engineer 'Devin' across global enterprises
Infosys and Cognition announced a partnership to scale latter's AI coding engineer, Devin, to organisations. The collaboration will deploy Devin across Infosys' internal engineering ecosystem as well as client engagements globally.
Infosys sets up expert advisory council for external insight
Infosys has formed an expert advisory council to guide its innovation strategy and AI-led developments. The council, made up of global tech experts, will offer independent insights on emerging technologies to help the company stay ahead in disruptive tech and better serve its clients, according to CTO Rafee Tarafdar.
Stocks in news: Voltamp Transformers, Vedanta, Suzlon Energy, Signature Global, Sai Silks
The shares of Signature Global and Sai Silks will debut on the exchanges today. While Signature is likely to see a decent listing, Sai Silks debut is expected to be muted.
Infosys partners with Microsoft to accelerate industry-wide adoption of generative AI
Through the partnership, Infosys Topaz is using Azure OpenAI Service and Azure Cognitive Services to augment its capabilities, to help enterprise customers transition from digital to AI solutions.
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Top Nifty IT stocks analysts recommend to buy and hold
The Q4 earning season will get started with TCS announcing its result. This will bring IT stocks back in the limelight and action is bound to happen. The reason IT was a sector which did extremely well in covid and it's the one which witnessed correction at the first instance when the rate tightening cycle started in early part of 2022. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
TCS' Cognix impacts deals worth over $1.8 billion in two years
The solution caters to over 270 customers, or about 20% of its base of 1,210 clients that generated over $1 million in annual revenue reported during the second quarter.
Infosys Metaverse Foundry will help establish a first-mover advantage
The company expects to see a “hockey stick-shaped growth” very soon in this area and the latest move is a means to sharpen its edge over rivals.
Infosys, Daimler in deal for IT infra transformation
The deal will allow Daimler to strengthen IT infrastructure at its plants and bolster Infosys's automotive expertise.
Infosys launches Artificial Intelligence-driven solution to automate helpdesk operations
Infosys and Blue Prism had joined hands in 2017 to help enterprises drive intelligent automation capabilities across multiple industries. Infosys Cognitive Email Workbench is an AI-based assisted automation solution that allows clients to eliminate manual resolution and build near-touchless contact centres, a statement said.
Infosys opens hub in Hartford, hires 7000 Americans so far
The company said this hub would help work more closely with its clients in the region and will serve as the global Hub for its InsurTech and HealthTech efforts.
Former Wipro exec Jeff Heenan-Jalil joins IPSoft as CEO Europe
Jeff Heenan-Jalil, former head of Wipro’s healthcare division, has joined robotic process automation firm IPSoft as CEO of Europe.
John Gikopoulos is Infosys' new global head for artificial intelligence & automation
Gikopoulos joined in beginning of July and comes with a lot of experience, especially in the European market.
Zero-distance programme: Infosys incentivises more than 500 project managers
The zero-distance programme was one of CEO Vishal Sikka’s first major implementations at the company. It asks employees to create innovative solutions in each project.
IBM calls reports of sacking 5000 employees factually inaccurate
Media reports had said the technology giant was laying off 5000 employees in India, joining the ranks of Cognizant, Infosys and Wipro in shedding jobs.
Now jobs losses at IBM India, 5,000 employees under fire
IBM did not confirm the number of employees who will be affected but said that "re-skilling and rebalancing is an ongoing process as we accelerate the benefits of cloud technologies for clients."
Why Infosys needs to figure out the best way to utilise $5billion it is sitting on
Shareholders want to know how quickly Sikka will shift to digital model he’s driving, from the worker arbitrage system dominant when the founders ran the show.
Revenues of IT companies may contract 3% this year
The Indian firms for the most part have attempted to grow their own talent but this is leaving them far behind the race for market share.
Infosys bets big on Mana, hires Silicon Valley talent to boost new AI platform
Infosys attempts to build a top-notch cognitive computing system that it believes can potentially rival IBM's flagship cognitive computing system Watson.
OpenAI will address “lack of fundamental progress” in area of artificial intelligence: Infosys CEO Vishal Sikka
In a post on Infosys’s InfyTalk blog, Sikka said the idea of creating OpenAI took shape when sometime ago Altman was mulling over the idea of creating an open ecosystem for AI.
IBM hires former Infosys consulting head Stephen Pratt for its billion-dollar Watson project
Watson is IBM’s futuristic artificially intelligent computer system, which the company is pitching as its next big billion-dollar bet.
We have to stay ahead of most advanced countries: Kris Gopalakrishnan
Kris has funded researches in the field of computational brain research at Indian Institute of Science in Bangalore and three chairs at IIT-Madras.
Infosys & Wipro looking at building automation tech capabilities in-house
The Bengaluru-based companies are now looking to diversify their bets and increasing their focus on building capabilities inhouse, people aware of their plans said.
Infosys, Wipro are looking at building automation tech capabilities inhouse
In a January call with analysts, Infosys said that it had not seen the desired results with the IPSoft partnership and was looking to build its own capabilities.
IPsoft Chief says "tsunami" wave of artificial intelligence going to sweep away tech firms
Earlier this month, IPsoft expanded its partnership with global consulting and outsourcing firm, Accenture under which IPsoft’s humanoid Amelia.
What tech companies do to make the road smoother for persons with disabilities
Accenture also recently completed the first New Joiner Orientation for a group of hearing and speech impaired employees over Tele Presence, using sign language.
Infosys co-founder S Gopalakrishnan donates $1.8 million for brain research
One of the seven co-founders of IT major Infosys, S Gopalakrishnan has donated $1.8 million to Carnegie Mellon University (CMU) for brain research.
Disruptive Technology: IT co IPsoft's cognitive solutions to replace human agents in BPO services
Chetan Dube, Indian born founder of the New York-based co said that by Christmas the cognitive tech will be in action in one of the largest media cos.
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