Saturday, May 9, 2026

OpenAI, Anthropic, and Google's enterprise push with PE firms poses a new competitive threat to India's IT industry, as services become increasingly automatable (Moneycontrol)

Moneycontrol:
OpenAI, Anthropic, and Google's enterprise push with PE firms poses a new competitive threat to India's IT industry, as services become increasingly automatable  —  On Wall Street, the announcements sounded like the next phase of the artificial intelligence (AI) boom: frontier model companies …



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Sources: ByteDance plans to increase its 2026 capex to more than $30B, up at least 25% from a preliminary plan, amid the AI boom and rising memory chip costs (South China Morning Post)

South China Morning Post : Sources: ByteDance plans to increase its 2026 capex to more than $30B, up at least 25% from a preliminary plan...