Mphasis reports 2.9% y-o-y profit decline at 393.22 cr

[ad_1] IT firm Mphasis recorded a 2.9 per cent year-on-year (y-o-y) net profit decline at ₹393.22 crore for the fourth quarter. On a sequential basis, profits rose by 5.2 per cent. Revenue from operations stood at ₹3,412 crore, a 1.5...

Mphasis signs collab agreement with AWS to launch Gen AI foundry 

[ad_1] Mphasis, IT solutions provider, has announced a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS). With this collaboration, Mphasis establishes the Gen AI Foundry, led by Mphasis.AI, a dedicated business unit focusing on artificial intelligence (AI)...

Mphasis signs multi-year agreement with AWS for Gen AI Foundry

[ad_1] Mphasis Ltd has signed a multi-year collaboration agreement with Amazon Web Services (AWS) to establish the Gen AI Foundry, a business unit, led by Mphasis.AI, focusing on artificial intelligence (AI) solutions, AI use case assessments, consulting, and business transformation....

Mphasis launches document processing tool Deepinsights Doc AI; shares up

[ad_1] Mphasis Ltd’s shares were up by 0.31 per cent after the company launched DeepInsights Doc AI, an intelligence platform for document processing. The company said DeepInsights Doc AI uses generative AI to extract context-specific information from documents of varying...