Infosys, HanesBrands Announce 10-Year AI-Driven Strategic Alliance

Infosys Limited (NYSE:INFY) is one of the best growth stocks under $30 to buy. On September 11, Infosys and HanesBrands Inc. (NYSE:HBI) announced a strategic ten-year alliance to drive innovation and efficiency across HanesBrands’ IT landscape. The collaboration designates Infosys as HanesBrands’ strategic partner for its digital, business applications, and data initiatives to achieve hyper productivity and AI-driven efficiency.

Under the terms of the alliance, Infosys will deploy its proprietary, AI-first platforms, specifically the Live Enterprise Automation Platform/LEAP, which is integrated within the Infosys Topaz suite of services. The deployment will use GenAI and AIOps technologies to help HanesBrands modernize its core operations, simplify its IT landscape, enhance agility, and unlock greater value from data.

Infosys’s AI-first approach and proven ability to scale innovation were key factors in selecting the partner, aligning with HanesBrands’ long-term vision for agility and customer-centricity.

Infosys Limited (NYSE:INFY) provides consulting, technology, outsourcing, and digital services in North America, Europe, India, and internationally.

Hanesbrands Inc. (NYSE:HBI) designs, manufactures, sources, and sells a range of innerwear apparel for men, women, and children in the Americas, Europe, the Asia Pacific, and internationally.

While we acknowledge the potential of INFY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.