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Infosys shares plunge 2.6% after 15-year AI deal worth $1.5 billion gets terminated

The contract termination comes in the backdrop of global uncertainties in IT sector ....

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Narayana Murthy's Rs 600000 crore firm loses major Rs 12500 deal, bad news comes after…

The potential deal between Infosys and an undisclosed global firm was linked to artificial intelligence. The termination of the Memorandum of Understanding (MoU) with an undisclosed global company has been confirmed by Infosys. ....

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Infosys expands pact with Nvidia, to train 50,000 on chipmakers' AI tech, ET Telecom

The alliance will bring the Nvidia AI Enterprise ecosystem of models, tools, runtimes and graphics processing units (GPU) systems to Infosys Topaz. Through the integration, Infosys will create offerings customers can adopt, to easily integrate generative AI into their businesses, according to a press release. ....

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TCS, Wipro, Tech Mahindra: As AI projects take centrestage, Indian IT companies bet big on employee skilling

This trend in investment in employee skilling at IT companies comes at the back of peaked interest in generative AI among clients in the sector. ....

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Infosys signs $2 billion AI deal with existing strategic client. Details here

Infosys has signed a framework agreement with a strategic client to provide AI and automation-led development, modernization, and maintenance services, with a target client spend of $2 billion over the next five years. ....

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