India's TCS partners with Anthropic to drive enterprise AI scaling


Figurines with computers and smartphones are seen in front of TCS: Tata Consultancy Services logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration

June 11 (Reuters) - India's ⁠Tata Consultancy Services has partnered with Anthropic ⁠to launch an alliance to drive enterprise ‌AI scaling, the country's largest software services exporter said on Thursday.

The partnership comes at a time when investors are ​concerned that AI tools will ⁠disrupt the traditional, labour-intensive ⁠business model of India's $315-billion IT sector. In February, ⁠Indian ‌IT services firms lost more than $62.8 billion in market capitalization, in part, after ⁠Anthropic launched an AI agent tool.

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