Tag: Infosys

Infosys stock fell nearly 1% on September 21, despite the company's announcement of a partnership with NVIDIA to build generative AI tools for businesses. The partnership will see Infosys integrate NVIDIA's AI Enterprise ecosystem into its AI-first offering Topaz and train 50,000 employees on NVIDIA's AI technologies. NVIDIA also announced partnerships with Reliance and the Tata Group in early September. The partnerships will focus on providing AI supercomputer technologies, developing and processing generative AI applications, and upskilling employees in AI.

The Indian stock market is likely to open lower on Thursday, tracking losses in global markets. Investors will be closely watching developments in the US-China trade war and the potential for a global recession. The rupee is also likely to remain weak against the dollar. Investors will also be closely watching data on industrial production and retail inflation for June.