genai / news / / India Today
HCLTech is reportedly planning to invest in Indian AI startup Sarvam AI.
HCLTech plans to invest $150 million in Sarvam AI at a $1.5 billion valuation.
KEY POINTS
- Nvidia is also rumored to join the Sarvam AI funding round, potentially totaling $300 million.
- This marks the first major Indian IT investment in a homegrown AI startup, signaling a sector shift.
- Sarvam AI has developed large Indic-language models and previously outperformed ChatGPT and Gemini in some tasks.
- Sarvam unveiled 30B and 105B parameter open-weight AI models fully trained in India.
COMPANIES
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