Infosys-Anthropic pact reignites question: Turning AI risk into opportunity for Indian IT?

Shares of Infosys surged as much as 5 per cent to Rs 1,430.95 on the BSE on Tuesday after the IT major announced a strategic collaboration with Anthropic, offering relief to investors worried about the disruptive impact of artificial intelligence on traditional software services.The stock rally marks a sharp reversal for Infosys, which had been…

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AM Group gets land allocation LOI from YEIDA for 1GW AI compute hub in Greater Noida

Representative image (AI-generated) HYDERABAD: Energy transition player AM Group, which recently inked a MoU with the Uttar Pradesh govt at WEF Davos for setting up a 1 GW high-performance compute hub in Greater Noida at an investment of $25 billion, on Monday said it commenced development of the mega project.The company said the Yamuna Expressway…

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