Infosys Limited American Depositary Shares - INFY STOCK NEWS

Infosys (NYSE: INFY) has announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to advance enterprise AI innovation. The center will facilitate co-creation and help businesses leverage generative AI for transformative growth. Over 60,000 Infosys employees have already been enabled on Google Cloud.

The collaboration combines Infosys Topaz AI and Cobalt cloud capabilities with Google Cloud's gen AI technology to address complex business and technology challenges. The center will focus on developing solutions in areas including contact center AI, software development, agentic AI, speech-to-speech, text-to-image, and application modernization.

Additionally, Infosys has launched an AI Experience Zone at its Bengaluru campus, allowing enterprises to experience AI-powered solutions developed through this collaboration.

Infosys (INFY) has announced a strategic collaboration with RheinEnergie, a German energy service provider, to advance enterprise energy transition and sustainability initiatives. The partnership will utilize Infosys Energy Cloud (part of Infosys Cobalt) and Infosys Topaz, their AI-first offering, to help businesses boost energy efficiency by up to 30-40%.

The collaboration will focus on implementing advanced solutions in cloud, data, AI, and Industry 4.0, targeting customers in travel and transportation, commercial real estate, and manufacturing sectors. The partnership aims to develop solutions connecting renewable generation, storage, energy markets, and grids, enabling enterprises to optimize their energy consumption and maximize profits from on-site renewable energy systems.

Cologne/Bonn Airport is among the early adopters of this initiative, leveraging the partnership to achieve their sustainability goals and transform their energy infrastructure.

Infosys (NYSE: INFY) announced a strategic collaboration with Kardex, a global provider of intralogistics solutions, to transform its business operations using SAP S/4HANA. Through Infosys Cobalt, Infosys will unify Kardex's ERP system across 30+ countries to enhance operational efficiency and scalability.

The partnership leverages Infosys's expertise in manufacturing and logistics sectors, along with its Data Services Suite (iDSS) for data management. The transformation aims to harmonize business processes, drive productivity, and provide real-time insights for improved decision-making.

Infosys Knowledge Institute has released the CMO Radar 2024 report, revealing that 73% of enterprises have implemented AI in marketing, with 52% of deployments achieving business value. The study, surveying 2,600 marketing leaders across multiple countries, found that 96% of marketing leaders have deployed AI in at least one marketing activity, while 30% use it across all seven key marketing areas. The report highlights that AI-fluent CMOs are becoming more influential, with 62% expected to increase their impact on strategic corporate decisions. Companies anticipate significant improvements in productivity (15%), cost savings (13%), and speed to market (11%) within 18 months through AI implementation.

Infosys (NYSE: INFY) has announced a collaboration with Southwark Council to launch its digital learning platform, Springboard, providing free access to digital education for borough residents, colleges, and schools. The three-year initiative aims to enhance digital literacy and employability skills across communities. The platform offers content on digital learning, emerging technologies, and life skills through partnerships with curriculum providers and educational institutions. Following successful deployments in Brent (2021) and Sandwell (2023), which have attracted over 50,000 registered users accessing more than 10,000 courses, the program focuses on universal digital literacy, supporting digitally engaged communities, and boosting entrepreneurship.

Infosys Finacle has launched its Data and AI Suite to help banks accelerate their AI implementation. The suite, part of Infosys Topaz, includes three main components: the Finacle Data Platform for automated data pipeline management, the Finacle AI Platform for building and deploying AI solutions, and Finacle Generative AI Offerings featuring various AI assistants. The solution emphasizes responsible AI practices, offering features like bias detection and synthetic data generation for privacy protection. Built on Microsoft Azure and Azure OpenAI Service, it aims to transform banking operations through enhanced customer experience, risk management, and decision-making capabilities.

Infosys Knowledge Institute's new research reveals that while companies expect significant productivity gains from AI adoption (15% on average, up to 40%), only 2% are fully ready across five key dimensions: talent, strategy, governance, data, and technology. The study, surveying over 1,500 respondents across six countries, highlights major gaps in enterprise AI readiness. Only 9% of companies have necessary AI capabilities, and just 10% report ease of data access for AI projects. The research outlines five important steps for successful AI implementation: developing comprehensive strategy, establishing responsible governance, upskilling workforce, preparing data infrastructure, and cultivating innovation culture.

Infosys has launched two small language models - Topaz BankingSLM and Topaz ITOpsSLM - built using NVIDIA's AI Stack. These models are developed through Infosys' dedicated NVIDIA center of excellence and integrate with existing offerings like Infosys Finacle and Topaz for business operations. The models utilize general and industry-specific data, enhanced by NVIDIA AI Enterprise and AI Foundry in collaboration with Sarvam AI. Infosys is also offering pretraining and fine-tuning services to help businesses build custom AI models securely and in compliance with industry standards.

Infosys (NSE, BSE, NYSE: INFY) has unveiled expanded Living Labs in London's Canary Wharf and announced a collaboration with the University of Cambridge to establish a new AI Lab. The Living Labs, part of a global network of 12 centers, will focus on Enterprise AI, featuring Infosys Topaz and Cobalt solutions to accelerate innovation and digital transformation for clients.

The new facilities are housed in a 25,000 sq. ft. state-of-the-art premises with capacity for 200 employees, designed with biophilic principles and awarded a Gold SKA Rating for sustainability. The collaboration with Cambridge University aims to combine Infosys' industry expertise with the university's research capabilities to address real-world challenges.