Infosys announced the launch of its small language models � Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM � built using the powerful NVIDIA AI Stack. The collaboration leverages NVIDIA AI and Infosys Topaz offerings to provide a robust foundation for implementing and scaling enterprise AI. These models are developed as part of the Infosys center of excellence dedicated to NVIDIA technologies and built to help businesses quickly adopt and scale AI. The small language models utilize general and industry-specific data, enhanced by NVIDIA`s AI Enterprise and NVIDIA AI Foundry in collaboration with Sarvam AI. The models are fine-tuned with Infosys data and integrated into existing offerings, like Infosys Finacle and Infosys Topaz for business and IT operations, creating robust foundational models for industry-specific applications. Infosys also provides these models as services that include pretraining-as-a-service and fine-tuning-as-a-service, to help businesses build their own custom AI models securely, in compliance with industry standards.As part of the center of excellence, Infosys is working with NVIDIA on NIMTM Agent Blueprints to streamline AI application development and integrate innovations such as the new Digital Human blueprint for customer service, multimodal PDF data extraction and various other use cases for Infosys Topaz offerings. Beyond these, the collaboration extends to digitalization efforts, addressing areas like 3D workflows and digital twins with NVIDIA Omniverse Enterprise, and Infosys Responsible AI suite, using NVIDIA NeMo Guardrails. The center of excellence also unveiled an exclusive AI Experience Zone, featuring the latest capabilities from NVIDIA AI and Infosys Topaz. The zone is designed to foster co-innovation in AI solutions, such as agentic and physical AI use cases, across sectors such as telecommunications, retail, and financial services. Powered by Capital Market - Live News

The Board of Infosys at its meeting held on 17 October 2024 has approved merger of WongDoody Inc (wholly owned subsidiary) and Blue Acorn iCi Inc, Outbox Systems Inc., d.b.a Simplus and Kaleidoscope Animations Inc (step-down subsidiaries) with Infosys Nova Holdings LLC (wholly owned subsidiary). WD is a US-based, full-service creative and consumer insights advertising agency (Revenue for FY ending Dec`23 - USD 123.7 million). Simplus provides enterprise-wide digital transformation across the Salesforce ecosystem through advisory, implementation, change management, and managed services (Revenue for FY ending Jan`24 - USD 106.0 million). BA is a leading digital experience company that empowers global brands to deliver remarkable customer experiences and enables clients to navigate large-scale digital transformation programs.(Revenue for FY ending Dec`23 -USD 88.5 million). Kaleidoscope is a product design, development and insights firm, with services focused primarily on medical devices. (Revenue for FY ending Dec`23 - USD 45.0 million)Powered by Capital Market - Live News

The Board of Infosys at its meeting held on 17 October 2024 has approved the acquisition of Blitz 24-893 SE through Infosys Singapore, a wholly owned subsidiary of Infosys, for a consideration of EUR 135,000 including cash. Blitz 24-893 SE was incorporated in August 2024 and the company does not have any operations. The objective of the entity would be to provide Information Technology (IT) and Information Technology (IT) enabled services post acquisition. Powered by Capital Market - Live News

Infosys has granted 22,880 RSUs to six eligible employees under the 2015 Stock Incentive Compensation Plan effective from 01 November 2024. These RSUs will vest over a period of two to four years.Powered by Capital Market - Live News

Infosys announced that the Board of Directors of the Company at its meeting held on 17 October 2024, inter alia, have recommended the interim dividend of Rs 21 per equity Share (i.e. 420%) , subject to the approval of the shareholders.Powered by Capital Market - Live News