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DXC Technology gains on Anthropic partnership

BUZZ-DXC Technology gains on Anthropic partnership

** IT services firm DXC Technology DXC.N shares rise 4.8% to $9.25 premarket

** Co announces multi-year partnership with Anthropic to bring Claude models into the IT infrastructure it operates for banks, airlines, manufacturers and government agencies

** Initial focus areas of the alliance include insurance, code modernization, cybersecurity and managing enterprise apps

** DXC sped up its DXC OASIS software delivery tenfold using Claude, with AI writing over 95% of the code; the software is already running for more than 50 customers globally

** Up to last close, stock has fallen 39.8% YTD


(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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