01-01-1970 12:00 AM | Source: Accord Fintech
HCL Technologies moves up on expanding strategic partnership with Google Cloud
News By Tags | #4381 #189 #409 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

HCL Technologies is currently trading at Rs. 1143.90, up by 8.20 points or 0.72% from its previous closing of Rs. 1135.70 on the BSE.

The scrip opened at Rs. 1138.05 and has touched a high and low of Rs. 1144.70 and Rs. 1136.50 respectively. So far 3554 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1156.80 on 03-Feb-2023 and a 52 week low of Rs. 875.65 on 29-Aug-2022.

Last one week high and low of the scrip stood at Rs. 1146.95 and Rs. 1106.80 respectively. The current market cap of the company is Rs. 308190.94 crore.

The promoters holding in the company stood at 60.81%, while Institutions and Non-Institutions held 34.22% and 4.97% respectively.

HCL Technologies has expanded strategic partnership with Google Cloud to help enterprises leverage generative artificial intelligence (AI) and develop joint solutions powered by Google Cloud’s generative AI technologies. The company is actively using Google Cloud’s large language models (LLMs) to develop generative AI capabilities for its clients across three core domains: industries, enterprise functions, innovation and technology modernization. HCL Technologies' AI platforms and solutions will utilize Google Cloud's full suite of enterprise generative AI products and services, including Vertex AI, Generative AI Studio, Model Garden and Generative AI App Builder, along with the underlying LLMs that power these Google Cloud AI innovations.

HCL Technologies will establish a Google Cloud Generative AI Center of Excellence (GenAI CoE) to develop joint solutions that will enable clients to unlock the value of data and realize the full potential of generative AI. The GenAI CoE will draw from AI expertise embedded in HCLTech Cloud Native Labs in London, Dallas and Noida (India).

HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.