Zomato Shares Plunge After OpenAI Partnership: What Happened?

• Zomato shares fell 11% to Rs 281.30 after announcing an increased partnership with OpenAI, creator of ChatGPT.
• The collaboration aims to enhance AI across Zomato, Blinkit, District, and Hyperpure platforms.
• Zomato will use OpenAI's Enterprise API to improve customer and partner interactions and integrate advanced AI tools.
• The company plans to incorporate OpenAI's GPT-5.3-Codex into its internal automation platform, Stitch.
• Infosys also partnered with Anthropic (creator of Claude) to develop enterprise AI solutions across various sectors.