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.

A US ban on advanced AI models has highlighted the vulnerability of foreign reliance, according to Sarvam AI's Pratyush Kumar. He urged Indian firms to embrace sovereign AI,…

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Sarvam raised $234m led by HCLTech ($150m) at a $1.5bn valuation, making the Bengaluru sovereign-AI company India's newest AI unicorn.

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

In total, the AI company has raised $234 million(around ₹2,218.61 crore) in the first close of its $300 million Series B at a postmoney valuation of $1.5 billion

Indian IT services company HCLTech is investing $150 million in the Bengaluru startup.

Indian IT services and technology company HCLTech led the funding round with a US$150 million investment and will work with Sarvam to develop language models and AI solutions for…

June 15 : India's HCLTech said on Monday it will acquire a 10.5 per cent stake in domestic generative AI startup Sarvam AI for 14.27 billion rupees ($150.7 million) in cash,…

Sarvam AI raises $234M at a $1.5B valuation, with HCLTech investing $150M. The Bengaluru startup builds sovereign AI models for India's 22 languages.

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

AI startup Sarvam has secured $234 million in its Series B round, led by HCLTech's $150 million investment, reaching a $1.5 billion valuation.

Sarvam raises $234 million led by HCLTech, achieving a $1.5 billion valuation to advance sovereign AI solutions.

Sarvam co-founder emphasizes the need for India to develop its own AI stack beyond recent funding to achieve sovereignty in AI.

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…

Sarvam AI has raised $234 million in a major funding round led by HCLTech, backing its plans to build advanced AI models, expand infrastructure and strengthen India’s sovereign AI…

The firm has already developed two homegrown AI models, trained in 22 languages, that are capable of operating through voice commands | India News

HCLTech will remain in focus after investing Rs 1,427 crore in Sarvam AI, becoming the lead investor in the startups Series B funding round. The partnership aims to advance…