Skip to main content
Video
1/2
general

Infosys and OpenAI: How Narayana Murthy’s Caution Cost a 45-Billion-Dollar Opportunity

By Vinutha U
Infosys and OpenAI: How Narayana Murthy’s Caution Cost a 45-Billion-Dollar Opportunity

According to Chartered Accountant Meenal Goyal, this decision cost Infosys a potential valuation of 45 billion dollars today for that initial investment.

In 2018, Infosys, under the leadership of then-CEO Vishal Sikka, was poised to join a consortium to invest in OpenAI, the creators of ChatGPT. Sikka, recognizing the transformative potential of artificial intelligence, was eager to position Infosys as an AI-driven company and commit a billion-dollar investment.

However, Infosys co-founder N.R. Narayana Murthy opposed the move, favoring the company’s traditional IT services model. As a result, Infosys withdrew from the OpenAI project. According to Chartered Accountant Meenal Goyal, this decision cost Infosys a potential valuation of 45 billion dollars today for that initial investment. KLOSIA Women Viscose Printed Kurta Pant Dupatta Set

Large Language Models (LLMs) like ChatGPT and DeepSeek have taken the world by storm, with India boasting one of the largest user bases for ChatGPT. OpenAI’s CEO, Sam Altman, recently stirred controversy by claiming that building a foundational AI model in India is not feasible. Asia Cup 2025: Pakistan vs Sri Lanka Match Highlights: Here is the info

Meanwhile, the Indian government is intensifying efforts to develop AI models comparable to ChatGPT. Reflecting on this, Meenal Goyal’s post highlights a missed opportunity for India, as Infosys could have been a key player in OpenAI had Narayana Murthy approved the investment.