Hexaware Tech Share Price Surges 12% After Anthropic AI Partnership
Hexaware Technologies shares jumped 10% in Friday's morning session after the IT services company announced a multi-year partnership with artificial intelligence (AI) developer Anthropic to integrate its Claude model into enterprise technology platforms. Hexaware shares traded at Rs 574 on the BSE), gaining over 12% from the previous closing price. The agreement aims to strengthen Hexaware's…
On Friday morning, Hexaware Technologies' shares surged 10% following the IT services firm's announcement of a multi-year partnership with AI developer Anthropic. The deal aims to integrate Anthropic's Claude model into Hexaware's enterprise technology platforms, Zerovity and AgentVerse. Trading at Rs 574 on the BSE, Hexaware shares rose over 12% from the previous close.
The partnership will bolster Hexaware's AI offerings, enabling businesses to deploy intelligent automation in software engineering and IT operations. Siddharth Dhar, Hexaware's President and Global Head of AI, stated that Claude would serve as the cornerstone of both platforms, facilitating quicker AI solution production and cost control.
The agreement includes joint product development, customer implementations, and marketing initiatives. Anthropic's Era Sahni emphasized that businesses were rapidly adopting Claude for internal operations and required experienced technology partners to pinpoint valuable applications. Hexaware has certified over 1,100 professionals in Claude technologies and intends to broaden training for its delivery teams.
The collaboration signifies Hexaware's ongoing commitment to enhancing its enterprise AI capabilities as companies increasingly seek practical uses for generative AI.
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