OpenAI and Anthropic private equity deals may reshape India's IT
NewsBytes | May 6, 2026 10:39 AM CST
IT firms pressured, Nandan Nilekani optimistic
With these new partnerships, traditional Indian IT firms like TCS and Wipro are feeling the heat, facing revenue dips as AI-backed companies grab more opportunities.
Still, there's optimism: Infosys chairman Nandan Nilekani sees a $300 billion to $400 billion AI-driven market by 2030, suggesting that while things might be bumpy now, the future could be bright (and full of innovation) for India's tech sector.
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