Infosys unveils generative AI offering Topaz, amid decline in demand in their USA, Europe market

Signifying the growing importance of artificial intelligence, Infosys on May 23, unveiled Topaz, a new offering which combines data analytics, generative AI, and artificial intelligence.

Infosys, one of the early donors to OpenAI, has shared that it has used its own applied artificial intelligence (AI) framework to develop an AI-first core that potentially has over 12,000 use cases, more than 150 pre-trained model, and over 10 platforms.

The company’s efforts in AI comes after the demand for its technology has been decreasing in its major markets such as USA and Europe. This new AI concept could help the company into offering a even more compelling pitch to its clients, who have turned cautious about their spendings.

Salil Parekh, CEO & MD of Infosys, in a statement said that the organisation is witnessing a strong interest from their clients for efficiency and productivity enhancing programs. He added that their own businesses have greatly benefitted from Topaz, by bringing data solutions together with AI platforms.

Meanwhile, Tata Consultancy Services Chief Operating Officer, NG Subramaniam said that their company is planning to have a centre of excellence around generative AI. He added that this can accelerate the adoption of technology.