HCLTech joins MIT Media Lab US to collaborate on AI next-gen research; check details

HCLTech will have access to MIT Media Lab’s research and networks, and engage deeply with faculty, researchers and innovators in next-generation technologies, particularly AI.

Notably, this will also enable HCLTech to co-develop projects that could translate AI innovation into impactful and scalable solutions, according to the release.

"We welcome HCLTech to the MIT Media Lab at a pivotal moment in the evolution of Artificial Intelligence (AI). Their commitment to exploring applied AI aligns with our mission to design technologies that empower humanity," Jessica Rosenworcel, Executive Director of the MIT Media Lab, said.

This new engagement is in line with HCLTech’s focus on shaping the future of AI and accelerating breakthroughs in emerging technology areas, such as quantum computing, through collaborative innovation, the release said.

Vijay Guntur, Chief Technology Officer and head of ecosystems at HCLTech said, "By engaging with MIT Media Lab’s world-class faculty and researchers, we aim to explore co-development of AI innovations that create real-world impact."

HCL Technologies share price

Shares of HCL Technologies surged 1.68% to close at ₹1,416.90 apiece on the National Stock Exchange (NSE) on Monday, October 6. However, the announcement came after market hours.

Over the last five trading sessions, HCL Technologies’ shares gained 1.90%. Similarly, the stock advanced 0.99% in the last month. Further, the scrip zoomed 3.11% over the past six months. On the other hand, the stock declined 25.89% on a year-to-date basis.

The stock touched its 52-week high of ₹2,012.20 on January 13, 2025 and its 52-week low of ₹1,302.75 on April 7, 2025. The company’s market capitalisation stands at ₹3,84,499.21 crore as recorded on October 6.