HCLTech and Arm Partner to Revolutionize AI Chips for Data Centers, Boosting Efficiency and Stock Prices
May 28, 2024HCL Technologies and Arm have partnered to develop custom silicon chips tailored for AI operations in data centers.
The collaboration leverages Arm's Neoverse CSS to enhance computing efficiency for AI workloads.
HCLTech, as a member of Arm Total Design, gains access to advanced technologies for boosting performance and scalability in AI-driven businesses.
The partnership has already led to a 0.51% increase in HCLTech's stock, reinforcing their leadership in AI solutions for data centers.
The companies are upgrading their websites to prioritize user experience and emphasize their commitment to ethics and transparency in AI technology development.
The collaboration targets semiconductor manufacturers, system OEMs, and cloud services providers to optimize computing efficiency and innovate AI workload management in data centers.
HCLTech focuses on digital, engineering, cloud, and AI capabilities to meet the evolving needs of businesses globally.
Summary based on 13 sources
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Sources
Business Standard • May 27, 2024
HCL Technologies partners with ArmBusiness Standard • May 27, 2024
HCLTech collaborates with Arm to develop custom silicon chips for AIBusinessLine • May 27, 2024
HCLTech and Arm collaborate on custom silicon chips for AI workloads