HCLTech is reportedly awarded a large AI-led contract valued at about $1.1 billion from a European Fortune Global 50 automaker, widely believed to be Mercedes-Benz, according to sources. The agreement is described as running for five years, with an option to extend. As part of the deal, HCLTech is expected to redesign and modernize the automaker’s global digital workplace and network operations. The announcement is reported to have driven a sharp rise in HCLTech’s stock, with shares up by nearly 6% at the time of publication. The reported contract underscores how major enterprises are increasingly prioritizing artificial intelligence initiatives in their IT and operations modernization efforts. The available information centers on the deal’s scale, duration, and the scope of services related to digital workplace and network operations, while the specifics of the AI components and implementation approach are not detailed in the provided account.