Sarvam AIs rise to a $1.5 billion valuation after raising $234 million marks a major milestone for Indias push toward AI sovereignty. The funding comes shortly after the U.S. restricted foreign access to some of Anthropics most advanced AI models, highlighting the risks of relying on foreign-controlled AI technologies.

US attempts to control advanced AI model exports face challenges. This may push nations like India to develop their own AI capabilities. India's strong ties to the US software…

US export controls on advanced AI models have spurred India's call for sovereign AI development. Industry leaders warn against reliance on foreign providers, urging a national…

Bessemer Venture Partners, and existing investors Khosla Ventures and Peak XV Partners also participated in the round that values Sarvam at $1.5 billion.

Fresh funding has propelled Sarvam AI into the unicorn club. This and more in todays ETtech Top 5.

BENGALURU: Homegrown AI startup Sarvam has raised $234 million in a funding round led by HCLTech and Bessemer Venture Partners, catapulting its valuation to $1.5 billion and…