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Infosys is currently working on over 225 generative artificial intelligence (GenAI) programs for its clients, chairman Nandan Nilekani told shareholders during its 43rd annual general meeting (AGM), held virtually on Wednesday.
The IT major has integrated GenAI components into all its service lines and developed 25 playbooks to create impact for its clients, Nilekani added.
He said, "Our clients are combining it with Cloud capabilities in Infosys Cobalt to help them scale AI." Earlier this year, the company acquired semiconductor design firm InSemi for $34 million and Germany-based ER&D services provider for $480 million.
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Air India cancels US flight to ferry T20 world champions
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In our piece yesterday, we reviewed the performance of the Goods and Services Tax (GST) over the past seven years, emphasising that the states did well but at the cost of a revenue sacrifice by the Centre.
Near-term headwinds seen for realty stocks
Analysts suggest cautious approach, advise against exiting completely
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Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker.
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Sensex may hit 87K by year-end
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FMCG sector weight in Nifty 50 falls to lowest level since 2010
Weak financial results reason for waning investor interest: Analysts
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Yin, yang and assumptions
India and China are two of the world's largest civilisations, countries and Leconomies.
Lagging indicator
Gender diversity in India Inc still sub-optimal