Will Infosys (INFY) Stock be Affected by Artificial Intelligence Head’s Resignation?
NEW YORK (TheStreet) — Shares of Infosys (INFY) are down by 0.05% to $18.32 in early-afternoon trading on Thursday, as the company’s head of artificial intelligence platform “Mana,” Samson David, resigned this morning, the day before the company announces its 2016 first quarter results. David is the fifth “high-level exit” from the India-based business consulting and information technology services company in the last two years, the Economic Times reports. In addition to heading the artificial intelligence program, David was also in charge of Infosy’s “cloud, infrastructure, and security unit,” which brings in over $1 billion in revenue. Infosys head of architecture and technology, Navin Budhiraja, said in a past interview that the company was depending on AI to move it forward: “What I see going forward is “Mana” becoming the centerpiece of all of the automation work that we do,”…
Link to Full Article: Will Infosys (INFY) Stock be Affected by Artificial Intelligence Head’s Resignation?
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