Indian IT firms poised to benefit from enterprise AI adoption as infrastructure costs rise: Report

The brokerage highlighted the growing financial commitments associated with AI infrastructure, as companies expand computing capacity to meet rising demand. It cited Anthropic’s improving revenue and operating performance alongside substantial future computing commitments, underscoring the capital-intensive nature of the AI infrastructure business.

Anthropic reported revenue of USD 16.3 billion in the first half of calendar year 2026, a 14-fold year-on-year increase, while adjusted operating profit turned positive at USD 1.6 billion. However, the company had approximately USD 321 billion in leases yet to commence, while its computing commitments highlighted the scale of future financial obligations.