Shares of Infosys Ltd fell 1.5% after touching a dayβs high of Rs 1,688.80 on 28th January. This occurred despite the company announcing on Tuesday (27th January) that it has entered into a strategic collaboration with AI-powered development platform Cursor. The goal is to strengthen its software engineering capabilities and support enterprises adopting artificial intelligence at scale.
Under the partnership, Infosys and Cursor will set up a Centre of Excellence (CoE) focused on using software engineering agents to build and modernise AI-native products. Additionally, Infosys engineers will be able to use Cursorβs AI-assisted development tools across both new and existing enterprise systems.
Infosys said Cursorβs platform will be integrated with Infosys Topaz Fabric, its agentic services suite. This suite brings together infrastructure, models, data, applications, and workflows into a single ecosystem. As a result, this integration is expected to help clients modernise core systems faster and improve development productivity.
According to the exchange filing, Cursorβs platform is used by 64% of Fortune 1000 companies. It also offers features such as multi-agent development, automated test generation, and faster code refactoring.
Commenting on the partnership, Cursor CEO and co-founder Michael Truell said Infosysβ scale and delivery capabilities make it a strong partner. This will help to showcase real-world enterprise use cases for AI-driven software engineering.
Meanwhile, Infosys CEO and Managing Director Salil Parekh said the collaboration aims to help global enterprises build and scale AI-powered digital solutions. In addition, it will help turn ideas into measurable business outcomes.
At 11:23 AM, shares of Infosys were trading 1.33% lower at Rs 1,660.40 on NSE.
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