{"data":{"prismicArticle":{"uid":"hcltech-bags-1.14-billion-ai-deal","tags":["politics"],"first_publication_date":"2026-07-03T10:34:38+0000","last_publication_date":"2026-07-03T10:34:38+0000","data":{"third_party_url":null,"title":{"text":"HCLTech bags $1.14 billion AI deal"},"rating":null,"datetime":"2026-07-03T04:30:00+0000","img":{"url":"https://images.prismic.io/prad/GXAlH4RmIO42GJuh_hcltech.JPG?auto=format,compress&rect=0,0,2028,1000&w=2028&h=1000"},"embed":{"embed_url":null,"thumbnail_url":null,"author_url":null,"title":null},"content":{"raw":[{"text":"Noida-headquartered IT services provider HCL Technologies (HCLTech) on Friday announced that it has signed a deal with a Europe-based Fortune Global 50 company to establish an AI-driven operating model for transforming and managing the client's global digital workplace and enterprise networks. "},{"text":"The agreement -- which runs from July to December 2031 with an option to extend it for another five years -- has an estimated value of $1.14 billion during the initial term, the IT company said in an exchange filing."},{"text":"It added that the engagement is entirely net-new business and is expected to strengthen its order book ahead of the company's quarterly earnings."},{"text":"Under the partnership, HCLTech will leverage artificial intelligence to modernise and manage the customer's global digital workplace and enterprise network operations."},{"text":"The deal marks another milestone in HCLTech's AI strategy, following a series of partnerships, acquisitions and investments announced in recent months."},{"text":"In June, the company signed a long-term strategic agreement with a renewable energy company to consolidate IT services and drive AI-led operational transformation."},{"text":"It also partnered with Nokia to accelerate autonomous telecom network optimisation using AI-driven rApps and teamed up with Circles and GreySkies to develop AI-powered telecom software solutions."},{"text":"Separately, HCLTech completed the acquisition of business intelligence platform Jaspersoft from Cloud Software Group and invested in sovereign AI startup Sarvam AI as part of its $234 million Series B funding round."},{"text":"Following the announcement, HCLTech shares jumped as much as 5.68 per cent to an intraday high of Rs 1,138.75 on the BSE in early trade. The stock has touched a 52-week high of Rs 1,770 and a 52-week low of Rs 1,030 on the exchange."},{"text":"The IT stock has remained under pressure, falling over 30 per cent in the last one year as well as over the past six months."}]}}},"relatedArticles":{"edges":[{"node":{"uid":"ktr-throws-open-challenge-to-revanth","data":{"third_party_url":null,"title":{"text":"KTR Throws Open Challenge to Revanth"},"img":{"url":"https://images.prismic.io/prad/d1bdc1ed-2466-427a-bb1d-e98fef5334df_RRKTR.JPG?auto=format,compress&rect=0,0,2028,1000&w=2028&h=1000"},"datetime":"2026-10-01T18:00:00+0000"}}},{"node":{"uid":"jagan-corners-naidu-over-bc-quota","data":{"third_party_url":null,"title":{"text":"Jagan Corners Naidu Over BC 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