Shares of HCL Technologies Ltd were trading in the red and 1% lower on 20 February despite the company revealing the new VisionX 2.0, an improved version of its multi-modal AI edge platform.

HCLTech stated that it developed VisionX 2.0 in partnership with AI and chip manufacturer Nvidia.

VisionX 2.0 enhances HCLTech’s Intelligent Secure Edge capabilities by incorporating advanced computer vision, vision language models (VLMs), multi-modal fusion, and edge-optimised generative AI.

The platform uses NVIDIA’s physical AI computing stack, which includes NVIDIA Blueprint for video search and summarisation (VSS), NVIDIA DeepStream, NVIDIA Cosmos Reason VLM, and NVIDIA TAO.

The new model focuses on the critical areas, such as On-Prem Edge AI Performance, which enables real-time inference. A multi-modal AIoT engine that aids in media analysis, zero-trust edge security, and a VSS event reviewer for reliable verification.

This technology will improve real-time intelligence, safety, and operational efficiency at scale in mission-critical industrial environments.

Vijay Guntur, CTO and Head of Ecosystems at HCLTech, stated on the platform that “With VisionX 2.0, HCLTech is redefining how intelligence is delivered at the industrial edge”.

In a recent interview, HCLTech Managing Director C Vijayakumar stated that fears about obsolescence in India’s IT sector are overstated, despite the fact that artificial intelligence (AI) is transforming traditional businesses.

Vijayakumar further stated that AI will result in an estimated 2-3% annual deflation across various services.

According to him, HCLTech has previously planned for deflation, which also creates a big new growth potential.

At 2:58 pm, the shares of HCL Technologies were trading 0.64% lower at Rs 1,441.10 on NSE.

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