HCL Tech global partnership with Thought Machine

HCL Tech global partnership with Thought Machine

HCL Tech, a global technology services and consulting company, has entered into a strategic partnership with Thought Machine, a leading provider of AI-driven financial services technology. The collaboration aims to leverage Thought Machine's AI capabilities and HCL Tech's extensive consulting and technology services to drive innovation in the fintech sector.

Under the terms of the partnership, HCL Tech will provide Thought Machine with access to its global network of consulting and technology experts. This will enable Thought Machine to accelerate its growth and expand its market reach. In return, Thought Machine will provide HCL Tech with its cutting-edge AI technology, which will be integrated into HCL Tech's consulting and technology services offerings.

The partnership is expected to create significant synergies for both companies. Thought Machine's AI technology will enhance HCL Tech's consulting and technology services, while HCL Tech's global network will provide Thought Machine with new opportunities for growth and expansion.

The collaboration marks a significant step forward in the fintech sector, where AI is increasingly being used to drive innovation and improve customer experiences. The partnership is expected to have a positive impact on both companies' financial performance and market position.

The partnership was announced on July 02, 2025, and is subject to regulatory approval. The companies have not disclosed the financial terms of the partnership.

[1] https://www.morningstar.com/news/business-wire/20250820000523/energy-vault-turkeys-astor-enerji-launch-global-strategic-partnership-with-bess-deployments-totalling-2-gwh-and-1-gw-transformer-procurement-from-astor-enerji