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“We have created a map of everything IT services companies do and view each line of business as an opportunity for a new AI-native company,” a Venture Capitalist (VC), told The Economic Times recently And he is not the only one; dozens of other VCs have echoed his sentiments in the past few months.
Even the Foreign Direct Investment (FDI) is eyeing artificial intelligence-led ventures. The Japanese investor SoftBank, for example, is eyeing buyout deals in India to push AI-led IT and BPO transformation.
Why is this happening? That too at a time when…
