IT Majors Acquire Strategic Stakes in AI Startups to Scale

28 Oct 2026, 7:52 pm · 3d ago · 1 min read · The Economic Times

Global and Indian IT services firms are actively investing in artificial intelligence startups to secure proprietary technology and integrate advanced solutions into enterprise client workflows. Notable deals include HCLTech's $150 million strategic investment in Indian generative AI firm Sarvam and Accenture's backing of enterprise AI startup Within. Instead of relying solely on internal development, IT giants are forging equity alliances with dedicated AI model builders. These partnerships allow service providers to deploy specialized domain solutions, upgrade software engineering workflows, and counter generative AI disruptions across global enterprise markets.