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Infosys Enters the AI Domain; Launches Infosys Topaz!

24 May 20232 mins read by Angel One
Shares of the company gained more than 6 % in a month, and recorded good volumes.
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Infosys has launched Infosys Topaz – an AI-first set of services, solutions and platforms using generative AI technologies. It helps amplify the potential of humans, enterprises and communities to tap into the next generation of opportunities to create value from unprecedented innovations, connected ecosystems and pervasive efficiencies. Infosys Topaz leverages Infosys applied AI framework to build an AI-first core that empowers people to deliver cognitive solutions that accelerate value-creation.  

Infosys Topaz converges the power of Infosys Cobalt cloud and data analytics to AI-power business, deliver cognitive solutions and intuitive experiences that revitalize growth. Over 12,000 use cases, help seed and fast track new ideas.  

Infosys Topaz democratises data and intelligence to bring value to more participants in the connected ecosystem, enabling them to create disruptive business models, AI-led products, services and new revenue streams. Infosys Topaz creates efficiencies across the enterprise. Infosys’ AI-first specialists use smart tools, platforms and autonomous software engineering for business agility.  

On Wednesday, the stock opened at Rs 1297.00, with a high and low of Rs 1305.20 and Rs 1291.05. The stock closed trading at Rs 1298.45, up by 0.01%. It has a 52-week high of Rs 1672.45 and a 52-week low of Rs 1215.45.

Technically, the stock is seeing fresh buying interest post its Q4 results. It trades above all the key short term moving averages and technical parameters show rising strength in the stock.

Infosys was incorporated in Pune, in 1981, as Infosys Consultants Private Limited. Infosys is a leading provider of consulting, technology, outsourcing and next-generation digital services, enabling clients to execute strategies for their digital transformation. The company has catalyzed some of the major changes that have led to India’s emergence as the global destination for software services talent. It pioneered the Global Delivery Model and became the first IT company from India to be listed on NASDAQ. 

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