Infosys shares jumped as much as 6% on Tuesday, touching a day high of Rs 1,097.70, after fresh global remarks on the pace of AI development.

So what actually caused this. Anthropic’s chief executive Dario Amodei called for AI development to slow down, pointing to growing safety concerns.

He said in an online essay that the technology itself wasn’t the problem, but that the risks around it were serious enough to need more time before rolling ahead at full speed.

OpenAI’s Sam Altman and Elon Musk both said they agreed with him. That single comment rippled across markets.

AI-linked hardware names like Nvidia and SoftBank had already fallen sharply a day earlier.

Traditional software and IT services companies, on the other hand, saw the opposite reaction.

Investors appear to be betting that a slower AI rollout gives old-school IT firms more breathing room, rather than getting disrupted overnight.

Infosys wasn’t alone in this rally. The Nifty IT index rose close to 5% in early trade, with TCS, HCL Technologies, Wipro and Tech Mahindra all posting solid gains on the same day.

It’s worth noting Infosys hasn’t had an easy run lately. The stock is still down over 13% in the past six months and nearly 28% over the last year, even after today’s bounce.

On the corporate side, the company had earlier fixed 10 June 2026 as the record date for a dividend of Rs 25 per share.

As of 12:52 pm on Tuesday, Infosys shares were trading at Rs 1,078.20 on the NSE, up 3.90% from the previous close, holding on to a good part of the day’s gains.

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