Microsoft-Backed AI4Bharat Said to Raise $12 Million Funding From Peak XV, Lightspeed

Microsoft-Backed AI4Bharat Said to Raise $12 Million Funding From Peak XV, Lightspeed

ByNews Polite

Researchers at AI4Bharat, a start-up backed by Microsoft, are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI‘s ChatGPT dazzled users…

AI4Bharat Researchers Said to Raise $12 Million Funding From Peak XV, Lightspeed

AI4Bharat Researchers Said to Raise $12 Million Funding From Peak XV, Lightspeed

ByNews Polite

Researchers at India’s AI4Bharat are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture for an artificial intelligence startup, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI‘s ChatGPT dazzled users with…