 This paper investigates the impact of information technology, AI, capability on firm growth in the context of open technological innovation using a logical deductive approach, empirical data from 256 Chinese new ventures, and regression analysis and structural equation models. The results show that IT flexibility and integration significantly influence firm growth with open technological innovation partially mediating these relationships. The study's limitations include the cross-sectional design, limited sample size, and potential unobserved variables such as organizational learning. The research contributes to the literature on IT capability and provides insights for managerial practice in the sharing economy era. This article was authored by Weiji Yao and Lian Xueli.