Leverages Meta's Llama stack to democratize
access to AI technology
BENGALURU, India, Oct. 23,
2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE:
INFY), (NYSE: INFY), a global leader in next-generation digital
services and consulting, today strengthened its collaboration with
Meta, a multinational technology company, to drive innovation
in generative AI through open-source initiatives. Infosys is a
strong proponent of open-source software and remains steadfast in
its commitment to democratizing AI. Leveraging Meta's Llama stack,
a family of open-source large language models and tools, Infosys is
driving significant advancements in AI and fostering innovation
across industries.
To accelerate adoption of Meta's Llama stack and spur
innovation, Infosys also unveiled a Meta center of excellence (COE)
focused on accelerating enterprise AI integration while supporting
internal adoption and contributions to open-source communities.
This center will enable a large pool of talent on the Llama stack,
develop industry-specific use cases, and collaborate closely with
Meta to help customers seamlessly adopt the Llama stack.
As an early adopter and launch partner for Llama 3.1 and 3.2
models, Infosys is at the forefront of open-source AI innovation.
Integrating the Llama models with Infosys Topaz, an AI-first set of
services, solutions, and platforms using generative AI
technologies, Infosys is crafting innovative AI solutions to
accelerate business value for enterprises worldwide. An example of
such innovation is the Llama-powered document assistant solution
that helps review contracts faster and more efficiently, achieving
significant productivity gains compared to traditional methods.
Additionally, as a part of the COE, Infosys launched a dedicated
AI Experience Zone for Meta, at its Bengaluru campus. The
state-of-the-art zone will offer customers a firsthand experience
of the innovative enterprise AI advancements developed by Infosys
Topaz in collaboration with Meta's Llama technology.
Balakrishna D. R.
(Bali), Executive Vice President,
Global Services Head, AI and Industry Verticals,
Infosys, said, "For Infosys, open-source innovation is not
just part of the future, it is pivotal to creating impactful
digital solutions that drive growth and efficiency, leveling the
playing field for all businesses. The alliance with Meta
underscores our unwavering commitment to pushing the boundaries of
enterprise AI technology, including gen AI, and fostering
innovation that spans industries. By integrating Meta's Llama
family of models into Infosys Topaz, we are harnessing the power of
collaboration and transparency to make AI accessible and impactful
for all businesses."
Sandhya Devanathan, Vice
President and Head, Meta India, said, "We are
delighted to deepen our collaboration with Infosys, an association
that exemplifies the strategic importance of open-source AI
development. The integration of Llama within Infosys Topaz is a
testament to the exciting possibilities of AI to drive innovation
and empower businesses to harness the full potential of AI in
transforming their operations. Open-source models like Llama are
set to revolutionize enterprises, fast-tracking their digital
transformation, enabling them to scale, innovate, and compete
globally."
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses
and communities. We enable clients in more than 56 countries to
navigate their digital transformation. With over four decades of
experience in managing the systems and workings of global
enterprises, we expertly steer clients, as they navigate their
digital transformation powered by cloud and AI. We enable them with
an AI-first core, empower the business with agile digital at scale
and drive continuous improvement with always-on learning through
the transfer of digital skills, expertise, and ideas from our
innovation ecosystem. We are deeply committed to being a
well-governed, environmentally sustainable organization where
diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE:
INFY) can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, or our future financial or operating performance, are
forward-looking statements intended to qualify for the 'safe
harbor' under the Private Securities Litigation Reform Act of 1995,
which involve a number of risks and uncertainties that could cause
actual results or outcomes to differ materially from those in such
forward-looking statements. The risks and uncertainties relating to
these statements include, but are not limited to, risks and
uncertainties regarding the execution of our business strategy,
increased competition for talent, our ability to attract and retain
personnel, increase in wages, investments to reskill our employees,
our ability to effectively implement a hybrid work model, economic
uncertainties and geo-political situations, technological
disruptions and innovations such as Generative AI, the complex and
evolving regulatory landscape including immigration regulation
changes, our ESG vision, our capital allocation policy and
expectations concerning our market position, future operations,
margins, profitability, liquidity, capital resources, our corporate
actions including acquisitions, and cybersecurity matters.
Important factors that may cause actual results or outcomes to
differ from those implied by the forward-looking statements are
discussed in more detail in our US Securities and Exchange
Commission filings including our Annual Report on Form 20-F for the
fiscal year ended March 31, 2024.
These filings are available at www.sec.gov. Infosys may, from time
to time, make additional written and oral forward-looking
statements, including statements contained in the Company's filings
with the Securities and Exchange Commission and our reports to
shareholders. The Company does not undertake to update any
forward-looking statements that may be made from time to time by or
on behalf of the Company unless it is required by law.
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