We're thrilled to announce that we have raised $234M in the first close of our $300M Series B at a $1.5B valuation.
@HCLTech and @BessemerVP have joined us in this round, alongside continued support from @khoslaventures and @peakxvpartners
For countries and companies, sovereign control on the AI stack is no longer an optionality. Sarvam will be the partner of choice for this aspiration. The capital allows us to accelerate our momentum towards this full stack of models, compute, and deployments.
A huge thank you to our customers, partners, investors, and the Sarvam team for your trust and belief in what we are building. Weโre just getting started.
Read more: https://t.co/VmLtpnj8gx
โOnly Indian seafarers are being attackedโ
Distress call from Indian seafarers in Iran who say U.S is deliberately attacking ships with Indians on board
@traveler1443@Incognito_qfs You mf killed innocent civilians in Middle east and u talk about ignorance. Time will show no mercy when it will come to make u realize your mistake.
In China, two female students allegedly attempted to push their friend off a school rooftop in a bid to stage her death as suicide, but a teacher intervened at the last second and stopped the attack.โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ๐ณ
A French moto vlogger "Frenchy" was traveling through India on his bike, He had a lump on his neck. Curious about the cost and process to remove it, he inquired locally and was quoted just $500 for the treatment.
Stunned by both the price and the short waiting time, he went ahead with the procedure. Within a week, the lump was removed. He documented the whole journey on camera.
He later shared that the same type of surgery in Australia after an accident had cost him $12,000.
If manufactured online hate and negative perceptions in the West didnโt exist, India could easily be earning hundreds of billions of dollars every year from medical tourism alone.
And this is why India needs to fight bad image/perception, that is being promoted by India's adversaries.
๐จ Zoho co-founder Sridhar Vembu declared that "globalisation is dead" after Anthropic banned access to its advanced AI models, Fable 5 and Mythos 5, for all foreign nationals due to US export controls.
He called it a wake-up call for ๐ฎ๐ณ India to build its own AI capabilities.
๐จ Zoho co-founder Sridhar Vembu declared that "globalisation is dead" after Anthropic banned access to its advanced AI models, Fable 5 and Mythos 5, for all foreign nationals due to US export controls.
He called it a wake-up call for ๐ฎ๐ณ India to build its own AI capabilities.
I now suspect that the reason @SarvamAI was turned down by SoftBank, Prosus, a16z, General Atlantic and Accel was because they were scared of how TALENTED @pratykumar and team are and therefore wanted to deny funding for them for fear of an Anthropic competitor and competition at the global level between countries.
If you know anything about VC economics it's that every investment they make needs to at the very least have the potential to return their entire portfolio which requires a massive Total Addressable Market. In practice this rule tends to be so restrictive that you can't really afford to have any other rules, and there is little doubt that Sarvams team lacks anything but sky high potential.
They also made it a point to announce this publicly as a signal to make it harder for Sarvam to gain funding because Venture Capitalists tend to be extremely herd like in their behaviour. Making this announcement shortly before the national level restriction of Anthropic was unlikely to be an accident as it must have been heavily debated, negotiated and finalized behind closed doors before the information became public.
No biggie, the team is going to win out in the end. Because we have diversity and crowd and advanced digital infrastructure. We have an AI Talent Penetration Index which is higher than all OECD Countries. And open source needs a thriving ecosystem which we have. The headstart that Anthropic and Open AI had was a first mover advantage. What will end up mattering more is the last mover advantage - i.e. who builds out their product and ecosystem around it to use and create improvements.
Ultimately the economics of comparative advantage and token costs will push the talent network to build on the Sarvam stack not the Anthropic one. And if they try to stop NVIDIA, then the @GoI_MeitY
Semiconductor mission will only make us even stronger not weaker.
Don't be fooled by the temporary challenges, time is on our side. Bullish @SarvamAI
And Bullish India ๐ฎ๐ณ๐ฎ๐ณ๐ฎ๐ณ๐ฎ๐ณ๐ฎ๐ณ๐ฎ๐ณ๐ฎ๐ณ