HCL Technologies (HCLTech), in its commitment to responsible AI practices (development and deployment of AI technologies) internally and with clients, has signed the European Commission’s AI Pact, aligning itself with the upcoming EU AI Act regulations. The European Commission has launched the AI Pact as a first comprehensive legal framework for AI to encourage organizations to take proactive steps towards ethical AI ahead of the full implementation of the EU's AI Act.The pact is said to direct signatory organizations to take proactive steps to align with the Act's emphasis on safety, transparency and human oversight.
Heather Domin, Vice President, Responsible AI and Governance at HCLTech stated, "As AI continues to reshape industries and societies, it's important that this technology is leveraged responsibly. By signing this pact, we're reinforcing our commitment to trustworthy development, deployment and use of AI systems and technologies, thus ensuring that they truly benefit society while minimizing risks and promoting transparency."
HCL Technologies, also known as HCLTech, is a global technology company headquartered in Noida, India.
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It provides IT services, consulting, and solutions across various industries, including digital transformation, engineering, and cloud computing. HCL operates in 60 countries and has a workforce of over 220,000 employees. The company was founded by Shiv Nadar in 1976 and later expanded into software services in 1991. As of 2025, its revenue stands at Rs. 119,540 crore (US$14 billion)
HCLTech has demonstrated strong stock performance, with a 6.35 percent increase, closing at Rs.1,669.65, driven by impressive earnings and growth expectations. Additionally, HCLTech has been among the top gainers in the NIFTY 50 index, reflecting growing investor confidence. Its trading volume also surged to 4,028,207 shares, significantly exceeding its average levels.