March 24Mar 24 This round of funding will value the foundational AI startup at about $1.2 billion, giving it unicorn status. This would be a tenfold rise from its last valuation of $110 million in 2023. To date, the company has raised $41.3 million across three rounds. Nvidia’s investment in Sarvam appears strategic, as the AI startup builds on its stack with support from Nemotron libraries and is part of its global Nemotron Coalition, allowing the chipmaker to ensure local models run on its full-stack platform. View the full article
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