iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

HCL Technologies' Stock Soars as Partnership with Google Cloud Expands

15 Jun 2023 , 11:06 AM

HCL Technologies and Google Cloud have expanded their strategic partnership to develop generative artificial intelligence (AI) solutions.

HCLTech will use Google Cloud’s large language models (LLMs) to build generative AI capabilities across industries, enterprise functions, and technology modernization.

HCL Technologies stock was trading at Rs 1145.05, representing a 0.82% increase compared to the previous day’s close, indicating a positive market response to the expanded partnership.

Strategic partnership: The company’s AI platforms and solutions will leverage Google Cloud’s suite of generative AI products and services, including Vertex AI, Generative AI Studio, Model Garden, and Generative AI App Builder.

HCLTech will establish a Google Cloud Generative AI Center of Excellence (GenAI CoE) to collaborate on joint solutions and unlock the value of data through generative AI. The GenAI CoE will draw on the AI expertise of HCLTech Cloud Native Labs in London, Dallas, and Noida.

HCLTech plans to train more than 18,000 individuals on Google Cloud generative AI technologies to accelerate digital transformations and develop innovative solutions.

The partnership aims to enhance efficiency and employee experiences and maximize business data value for large-scale organizations worldwide. HCL Technologies offers end-to-end AI capabilities, from chip development to business process optimization, and strategic partnerships like Google play a crucial role in promoting generative AI adoption.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Google
  • Google Cloud
  • HCL Tech
  • HCL Technologies
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

SBI Card Q4 Profit Slips 20%
25 Apr 2025|11:17 PM
HUL Q4 Net Profit Rises to ₹2,493 Crore
25 Apr 2025|10:59 PM
Sensex and Nifty in Red on April 25, 2025
25 Apr 2025|02:08 PM
Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.