Shares of Tata Consultancy Services Ltd (TCS) fell 2.5% after touching a day’s high of Rs 3,874.95 on 19th February, despite the company announcing a partnership with MassRobotics, the world’s largest independent robotics hub. TCS said in an exchange filing that the move aims to drive innovation in North America.

This collaboration aims to drive robotics innovation in North America, focusing on retail, travel, transportation, hospitality, and consumer goods. TCS will work with startups, researchers, and industry experts while maintaining an onsite presence at MassRobotics’ Boston facility.

TCS will leverage its expertise in AI, machine learning, and automation to contribute technical insights, mentorship, and industry knowledge while exploring emerging robotics innovations like physical AI.

The goal is accelerating robotics adoption across industries, enhancing efficiency and innovation in business operations.

MassRobotics views this partnership as an opportunity to bring robotics solutions to the market faster, benefiting from TCS’s global reach and technological expertise.

At 2:31 PM, the shares of TCS were trading 2.40% lower at Rs 3,780.30 on NSE.

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