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Vanguard slashes Ola value; War chokes PCB supplyAmerican investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr FlowFounded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps...
- Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuationChipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure ...
- Why Sarvam's Vivek Raghavan calls ‘data in motion’ the most valuable asset for AI startupsSarvam AI cofounder Vivek Raghavan highlighted "data in motion"—user interaction data with AI systems—as the most valuable asset for AI com...
- Sarvam AI and Pixxel’s collaboration to build satellites that think before they transmit dataSarvam AI and Pixxel are collaborating on Pathfinder, India’s first orbital AI system that processes satellite data in space.The mission us...
- India cannot afford to be just an AI consumer: Sarvam AI’s Pratyush KumarIndia needs to develop its own large-scale artificial intelligence models. Sarvam AI plans to train a trillion-parameter AI model soon. Thi...
- Paperwork causing AI mission lag as startups flag funding, IP concernsIndiaAI mission startups face delays in formal agreements, impacting non-compute support and raising IP concerns. While compute access is p...
- Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
- Infosys weighs CEO change; Groww's Lalit Keshre on next growth betsHappy Wednesday! Infosys is set to discuss CEO Salil Parekh's tenure and a succession roadmap as it reports Q4 results. This and more in to...
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
- AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...
- TCS and five other firms empanelled to build & run AI for govt departmentsThe Centre has empanelled six partner firms, including Tata Consultancy Services (TCS), to develop and deploy AI solutions across governmen...
- What is Sarvam AI’s Indus: India’s answer to ChatGPT, Gemini-like chatbots?Indian AI startup Sarvam.AI has launched Indus, a new chat interface. This chatbot is built on Sarvam's own 105 billion sovereign model. In...
- Sarvam AI will open source its IndiaAI Mission AI modelsThe company has received the highest subsidy allocated under the IndiaAI Mission so far at Rs 98.68 crore, out of a bill of Rs 246.71 crore...
- After Sarvam.ai, Soket AI, Gnani.ai, Gan.ai to now build foundation AI models, says IndiaAI MissionThe IndiaAI Compute portal now has 34,000 GPUs, sourced from Nvidia, AMD, AWS, and Intel. In the second round of the GPU tender, seven tech...
- IndiaAI receives 506 foundation AI model proposalsIndiaAI Mission's initiative to bolster AI capabilities has seen significant interest, receiving 506 foundation AI proposals. Due to the ov...
- AI4Bharat releases Hindi LLM ‘Airavata’Airavata was created using SarvamAI’s foundational Hindi model OpenHathi with diverse, instruction-tuning Hindi datasets to make it better ...
- Ola, SarvamAI announce their large language modelsIn two separate developments on Wednesday, mobility unicorn Ola and AI startup SarvamAI have announced their large language models (LLMs) t...
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