HCLTech

HCLTech is an Indian multinational information technology services and consulting company that provides a range of services including software development, IT infrastructure management, and business process outsourcing.

Why it’s in the news: It is in the news due to a series of strategic acquisitions and new initiatives focused on expanding its artificial intelligence and semiconductor capabilities.

Latest on HCLTech

• HCLTech arm to acquire Croatia-based RPA platform Robotiq.ai for ₹98 crore
• HCLTech software unit to acquire European firm Robotiq.ai for 9 million euros
• HCLTech bags AI-led IT transformation deal from M Group
• HCLTech launches dedicated unit to drive AI adoption for fast-scaling enterprises
• HCLTech launches ₹185 cr advanced semiconductor lab in Bengaluru
• HCLTech launches Advanced Semiconductor Lab in Bengaluru with ₹185 crore investment
• Singh cited HCLTech's investment in Indian foundational model startup Sarvam AI and Amazon's backing of Anthropic as examples of corporate capital deployment in the sector.
• in partnership with Sarvam AI
• The facility will support artificial intelligence infrastructure development within the country.
• HCLTech announced plans to establish a $1.48 billion AI data center in India in partnership with a domestic startup.
• HCLTech will invest $1.48 billion to establish its first AI data center in Odisha in partnership with Sarvam AI. The Bhubaneswar facility will provide full-stack AI solutions
• enterprises will need somewhere to run models they don't yet know how to govern, integrate, or cost-justify

Connections

33 entities linked to HCLTech across the news graph.