Microsoft Corporation (MSFT) and Cognizant Announce a Multi-Year Partnership

Microsoft Corporation (NASDAQ:MSFT) is one of the most widely held stocks by hedge funds in 2025. Microsoft Corporation (NASDAQ:MSFT) and Cognizant announced on December 18 that the two companies entered into a multi-year partnership to help enterprises in the fields of healthcare and life sciences, retail, financial services, and manufacturing to “harness” AI-powered solutions.

Microsoft (MSFT) Stock: Truist Raises Price Target to $675, Reiterates Buy

The partnership entails the embedding of agentic AI and Copilot, powered by Foundry IQ, Work IQ, and Fabric IQ capabilities, into workflows to allow operational resilience, boost productivity, and enhance customer experience. The companies also reported that the partnership expands on Cognizant Neuro AI Suite of offerings, which leverage Microsoft cloud and AI services.

Judson Althoff, CEO of Microsoft Corporation’s (NASDAQ:MSFT) commercial business, stated that the combination of Microsoft Corporation’s (NASDAQ:MSFT) cloud and agentic AI capabilities with Cognizant’s platforms and delivery scale would expedite the creation of industry-specific solutions embedded in the flow of work while unlocking “transformative value” for their joint customers across the globe.

In a separate development, Microsoft Corporation (NASDAQ:MSFT) received a rating update from Mizuho Securities analyst Gregg Moskowitz on December 16. The analyst reiterated a Buy rating on the stock and set a price target of $640.00.

Microsoft Corporation (NASDAQ:MSFT) develops and supports services, software, devices, and solutions. It operates through the Intelligent Cloud, Productivity and Business Processes, and More Personal Computing segments.

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