Tag: engineering services

L&T Technology Services share price hits 52-week high on tie-up with NVIDIA & Mavenir

Wednesday, November 17, 2021
L&T Technology Services Limited announced that it has been selected as an engineering partner by Mavenir and NVIDIA, to accelerate the adoption of the industry’s first converged AI-on-5G. Shares of the engineering services company L&T Technology Services Ltd surged almost 6% to Rs 5,682 a piece on Wednesday, touching its 52-week high value. The company will support Mavenir with customization, integration, and deployment of AI applications for deployment on NVIDIA’s AI-on-5G Platform. AI is already transforming many industries across the globe. When combined with the power of 5G networks, the two technologies will enable powerful new use cases in a quick, secure, and cost-effective manner.NVIDIA’s AI-on-5G platform is a unified platform that brings together developments at the edge to accelerate the digital transformation of enterprises across all industries. Read more