A generative artificial intelligence startup targeting the Indian market raised $41 million in fresh funding, the largest such round by an early-stage AI contender in the country. Sarvam AI is building large language models targeted at unique uses in Indian languages at price points that the country's 1.4 billion people can afford. The Series A funding round was led by Lightspeed Venture Partners, and participants included Silicon Valley billionaire Vinod Khosla's Khosla Ventures and Peak XV Partners, formerly Sequoia Capital India & Southeast Asia, Sarvam said Thursday. The Bangalore-based startup, until recently in stealth mode, was co-founded by Vivek Raghavan and Pratyush Kumar. It has ambitious plans to build open source foundational AI systems as well as tools for creating apps for the meager compute infrastructure available to developers in India. The startup has a total of 18 employees and is just opening an office in the city. "What we are showing is that you can build large language models with limited resources," Raghavan said in a phone interview. "We are building at a smaller scale and demonstrating that these can be extremely cost and energy efficient so they can be accessed by everyone." Large language models, like OpenAI's GPT-4 and Meta Platforms Inc.'s Llama, are powerful AI systems that understand by learning from vast amounts of diverse data from the internet and elsewhere to summarize, translate, and create text, audio and video for a wide range of applications. The rivalry to develop ever-more sophisticated models is heating up in Silicon Valley and such efforts have attracted billions of dollars in investments. Stay informed with the latest business news, updates on bank holidays and public holidays. AI Masterclass for Students. Upskill Young Ones Today! Join Now
Allegations of Fraudulent Surrogacy Practices Surface at Hyderabad Fertility Clinic
HYDERABAD: Gopalapuram police have registered five new cases against the head of Srushti Fertility Clinic Dr Athaluri Namratha alias Pachipala Namratha, and others based on complaints lodged by five sets of victims. While in one case a couple alleged that the doctor handed them a baby whose DNA did not match theirs, three other couples accused the clinic of adopting dubious methods. They claimed that they had already paid the money â anywhere from Rs 12.5 lakh to Rs 19 lakh â and even deposited their biological samples when they grew suspicious about the operations of Dr Namratha and her clinic. The frauds occurred between 2019 and 2025. Cops are yet to ascertain details of the fifth case.
