Infosys gains on launching Cobalt offering - applied AI cloud

20 Jan 2021 Evaluate

Infosys is currently trading at Rs. 1322.00, up by 4.95 points or 0.38% from its previous closing of Rs. 1317.05 on the BSE.

The scrip opened at Rs. 1318.60 and has touched a high and low of Rs. 1326.50 and Rs. 1318.60 respectively.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1392.70 on 13-Jan-2021 and a 52 week low of Rs. 511.10 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1392.70 and Rs. 1306.35 respectively. The current market cap of the company is Rs. 561009.24 crore.

The promoters holding in the company stood at 12.95%, while Institutions and Non-Institutions held 56.01% and 13.78% respectively.

Infosys has launched an Infosys Cobalt offering - its applied AI cloud, built on NVIDIA DGXTM A100 systems, the universal system for all AI workloads, offering unprecedented compute density, performance, and flexibility. The powerful new Infosys applied AI cloud will be an AI center of excellence for the company, enabling developers and project teams at Infosys to quickly and easily access AI hardware and software stacks, across both private and public clouds, to build contextualized services that deliver AI-first business processes for enterprises.

NVIDIA DGX A100 systems will provide the infrastructure and the advanced compute power needed for over 100 project teams to run machine learning and deep learning operations, simultaneously. NVIDIA Multi-Instance GPU (MIG) technology will enable Infosys to improve infrastructure efficiency and maximize utilization of each DGX A100 system. Teams can process AI algorithms centrally or locally on any device, without lag, using Infosys edge AI.

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

Infosys Share Price

1498.80 14.70 (0.99%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
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Infosys 1498.80
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