Blasé Capital AI CURRENTS

As India’s AI Impact Summit gets underway, there seems to be all-round excitement and enthusiasm. Even a flurry of bad news over the past two weeks is being converted into good and positive one. Consider the case of Infosys, whose share price received a hammering over the past 12 months, and specifically in the past 12 days or so. Yesterday, suddenly, the stock rose by five per cent. The trigger: a strategic partnership between the Indian IT leader and American Anthropic, which caused the recent jitters in global software and tech stocks, including Infosys.