OpenAI, Anthropic are minting billions. Why isn't AI boosting Indian IT stocks like Infosys, TCS? Samir Arora answers
New Delhi, June 3 -- Veteran investor Samir Arora has raised a thought-provoking question about the artificial intelligence boom and the role of traditional IT services companies like TCS, Infosys and others in it. While technology firms continue to argue that enterprises need significant support to implement AI, he asks, how are AI model providers such as OpenAI and Anthropic already generating tens of billions of dollars in enterprise revenue? The question, according to Arora, exposes a potential disconnect between what IT services companies are saying and what enterprises are actually doing.
"IT Service companies say things like 'a bridge is needed for AI transformation and we are the bridge' or that 'AI is moving from pilot to indust...
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