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  1. Infosys, Intel collaborate to help businesses become cost-effective with generative AI

Infosys, Intel collaborate to help businesses become cost-effective with generative AI

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2 min read • Updated: April 10, 2024, 5:06 PM

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Summary

Infosys said that its AI-first set of services, known as Infosys Topaz, will adopt Intel’s technologies such as “Intel Xeon processors, Intel Gaudi accelerators, Intel Core Ultra processors and upcoming generation products”. The collaboration will allow customers to integrate generative AI or Gen AI into their business, it added.

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Shares of Infosys closed 0.7 per cent higher at ₹1,506 on the NSE on Wednesday

Software majors Infosys and Intel have expanded their strategic collaboration to help businesses become cost-effective and performance-driven by providing advanced artificial intelligence (AI) solutions.

In a regulatory filing on Wednesday, Infosys said that its AI-first set of services, known as Infosys Topaz, will adopt Intel’s technologies such as “Intel Xeon processors, Intel Gaudi accelerators, Intel Core Ultra processors and upcoming generation products”.

The collaboration will allow customers to integrate generative AI or Gen AI into their business, the company noted.

"Additionally, Infosys will leverage the Intel AI training assets to skill up its employees on Intel product portfolio to provide generative AI expertise to its wide network of global customers across industries," it further said.

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Balakrishna DR, Global Head of AI, Infosys, said, "Infosys has embraced an AI-first strategy to deliver advanced AI services to clients seeking to unlock significant business value across their operations. The Infosys Topaz offerings and solutions seamlessly complement Intel's core stack and its 'AI Everywhere' strategy. By combining our strengths, we are helping enterprises on their journey to become AI-first and accelerate business value with our industry-leading AI solutions.”

Christoph Schell, Executive Vice President of Intel Corporation, said their approach is to bring AI everywhere by supporting an open AI software system and accelerating the adoption of Intel Xeon and Gaudi accelerators for Gen AI use cases.

"We believe our collaboration with Infosys and local ISVs (independent software vendors) is a huge opportunity for us to develop software and tools which can help drive Intel-based technology adoption and reduce the overall TCO (total cost of ownership) for our customers," he added.

Shares of Infosys closed 0.7% higher at ₹1,506 on the NSE on Wednesday. Intraday, the stock hit a high of ₹1,509.