28-02-2024 11:28 AM | Source: Accord Fintech
Infosys rises on launching Responsible AI Suite

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

Infosys is currently trading at Rs. 1673.25, up by 8.50 points or 0.51% from its previous closing of Rs. 1664.75 on the BSE.

The scrip opened at Rs. 1672.00 and has touched a high and low of Rs. 1687.50 and Rs. 1662.60 respectively. So far 88362 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1731.00 on 06-Feb-2024 and a 52 week low of Rs. 1215.45 on 25-Apr-2023.

Last one week high and low of the scrip stood at Rs. 1698.60 and Rs. 1644.85 respectively. The current market cap of the company is Rs. 697705.54 crore.

The promoters holding in the company stood at 14.78% while Institutions and Non-Institutions held 69.39% and 15.83% respectively.

Infosys has launched its Responsible AI Suite, a part of Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI. The rise of powerful generative AI systems in the past year has raised several concerns and conversations around the ethical dimensions of AI. According to the Infosys Generative AI Radar, by Infosys Knowledge Institute, enterprises worldwide are identifying data privacy, security, ethics, and bias as the primary challenges in their pursuit of innovation with AI. The Responsible AI Suite is designed to help enterprises balance innovation with ethical considerations, such bias and privacy prevention, and maximize their return on investments.

Infosys Topaz Responsible AI Suite is a set of 10+ offerings built around the Scan, Shield, and Steer framework. The framework aims to monitor and protect AI models and systems from risks and threats, while enabling businesses to apply AI responsibly. The offerings, across the framework, include a combination of accelerators and solutions designed to drive responsible AI adoption across enterprises. 

Infosys is a global leader in next-generation digital services and consulting.