Nandan Nilekani, chair of Infosys, discusses artificial intelligence, calling it "one of the most profound transformations happening in the world."
Nandan Nilekani, co-founder of Infosys and chairman of the board, said there are going to be many different LLMs around the world. However, many of these LLMs will become commoditized with the value ultimately coming from the applications built on top of those models, Nilekani said.
Infosys is gaining from the steady flow of clients and partnerships resulting in solid top-line growth potential.
Here is how Infosys (INFY) and Magnite (MGNI) have performed compared to their sector so far this year.
The overall stock market has been reeling over the last week or so. The S&P 500 index and NASDAQ have fallen by 4% and 6%, respectively, since July 16 due to uncertainty regarding the future of artificial intelligence.
INFY is near a growth inflection point with improving operating indicators. Recent earnings show sequential growth and margin improvement. INFY is expected to continue trading at a premium valuation due to strong performance and growth potential.
NEW YORK, NY / ACCESSWIRE / July 22, 2024 / Northwestern Mutual Life Insurance Company ("Northwestern") and Infosys McCamish Systems, LLC ("Infosys") have disclosed a data breach affecting the personal information of their customers. The breach impacted over 6 million individuals who entrusted their sensitive personal information to Northwestern and Infosys.
Infosys (INFY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
NEW YORK, NY / ACCESSWIRE / July 19, 2024 / Northwestern Mutual Life Insurance Company ("Northwestern") and Infosys McCamish Systems, LLC ("Infosys") have disclosed a data breach affecting the personal information of their customers. The breach impacted over 6 million individuals who entrusted their sensitive personal information to Northwestern and Infosys.
Infosys' (INFY) first-quarter fiscal 2025 results reflect the benefits of improving tech spending and strong large deal wins.
Infosys beat on the top line this morning, and met earnings expectations of $0.18 per share. The Indian IT giant generated strong free cash flow in Q1, but analysts see growth moderating in future years.
Infosys (INFY) lifted its revenue guidance, signaling increased spending from the information technology services provider's customers.