Infosys Limited American Depositary Shares - INFY STOCK NEWS

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.

Infosys has expanded its collaboration with Meta to advance generative AI innovation through open-source initiatives. The company unveiled a Meta Center of Excellence focused on enterprise AI integration, leveraging Meta's Llama stack of open-source large language models. As an early adopter of Llama 3.1 and 3.2 models, Infosys is integrating them with its Infosys Topaz platform to develop AI solutions, including a document assistant for efficient contract review. The company also launched an AI Experience Zone at its Bengaluru campus to showcase enterprise AI advancements developed through this collaboration.

Infosys reported strong Q2 FY25 performance with 3.1% sequential and 3.3% year-on-year revenue growth in constant currency, reaching $4,894 million. Key highlights include:

- Operating margin at 21.1%
- Free cash flow of $839 million, up 25.2% YoY
- Large deal TCV of $2.4 billion, 41% net new
- H1 revenues grew 2.9% YoY in constant currency

The company revised its FY25 revenue growth guidance to 3.75%-4.50% in constant currency, while maintaining the operating margin guidance at 20%-22%. Infosys also announced several new client wins and collaborations, including Metro Bank, Proximus, TDC Net, Posti, Sally Beauty Holdings, Polestar, and LIC India.

Infosys and zooplus have announced a strategic collaboration to enhance zooplus' e-commerce capabilities and drive digital transformation. The partnership includes the establishment of a Global Capability Center (GCC) in Hyderabad, India. zooplus will leverage Infosys Topaz, an AI-first offering using generative AI technologies, to drive innovation and growth.

The collaboration aims to improve zooplus' marketing, e-commerce, and supply chain capabilities, as well as enhance its expertise in product management, technology, quality, design, and engineering. Infosys was chosen for its unique AI-first strategy and commitment to driving productivity improvements while achieving cost efficiencies.

This partnership is expected to play a important role in transforming zooplus' customer experience and significantly enhancing their technology and value chain capabilities.

Infosys and Microsoft have expanded their strategic collaboration to accelerate customer adoption of generative AI and Microsoft Azure globally. The partnership aims to help joint customers realize the value of their technology investments and secure transformative outcomes. Infosys, an early adopter of GitHub Copilot, has over 18,000 developers who have generated more than 7 million lines of code using the tool.

The collaboration will leverage Infosys' AI and Cloud offerings, including Infosys Topaz, Infosys Cobalt, and Infosys Aster, alongside Microsoft's technology to enhance customer experiences and drive enterprise AI adoption. Key sectors targeted include Financial Services, Healthcare, Supply Chain, Telecommunications, and Sustainability. Many solutions will be available on Azure Marketplace, allowing customers to utilize their Microsoft Azure Consumption Commitment.

Both companies are also focusing on Responsible AI practices and workforce skilling to support these initiatives.