Infosys forays into AI - launches ‘Infosys Topaz

Infosys Topaz is an AI-first set of services, solutions and platforms using generative AI technologies. 

Launch of Infosys Topaz  

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, delivering cognitive solutions and intuitive experiences that revitalize growth. Over 12,000 use cases, help seed and fast-track new ideas. 

Infosys Topaz democratizes 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. 

Stock price movement 

On Wednesday, the stock opened at Rs 1297 and touched a high and low of Rs 1305.20 and Rs 1291.05 respectively. The BSE group 'A' stock of face value of Rs 5 has touched a 52-week high and low of Rs 1672.45 and Rs 1215.45, respectively. Last one week high and low of the scrip stood at Rs 1313.75 and Rs 1243.00 respectively. The current market cap of the company is Rs 5,38,774.02 crore. 

The promoters holding in the company stood at 15.14%, while Institutions and Non-Institutions held 68.86% and 15.98% respectively. 

Company Profile 

Infosys Ltd provides consulting, technology, outsourcing and next-generation digital services to enable clients to execute strategies for their digital transformation. It is the 2nd largest Information Technology company in India behind TCS.