Top 10 AI News Updates Taking Wall Street By Storm

7. Infosys Limited (NYSE:INFY)

Number of Hedge Fund Holders: 27

Infosys Limited (NYSE:INFY) is a leading provider of next-generation digital and consultation services. It specializes in helping businesses navigate their digital transformation through technology, outsourcing, consulting, and next-generation digital services. It’s also integrating AI into its solutions to help enterprises navigate complex technical policy and AI governance structures. The company announced on March 12 the expansion of its strategic collaboration with Citizen, the oldest and largest financial institution in the US.

The strengthened partnership paves the way for citizens to leverage Infosys Limited’s (NYSE:INFY) deep expertise in financial services and innovative technologies, including artificial intelligence, cloud, and automation, to develop native domain platforms. The expanded collaboration enhances Infosys’ credentials in AI-powered transformation at a pivotal juncture in the industry when IT service providers are increasingly required to differentiate themselves in AI capabilities.

Dennis Gada, EVP and Global Head of Banking and Financial Services at Infosys, said, “We are excited to strengthen our collaboration with Citizens by leveraging our AI expertise with Infosys Topaz, to advance their transformation objectives and business growth. As we transition to an AI-first world, this collaboration aspires to redefine the possibilities in banking, combining the strengths of both Infosys and Citizens in banking and technology.”