June 15: India’s HCLTech said on Monday it will acquire a 10. 5 per cent stake in domestic generative AI startup Sarvam AI for 14. 27 billion rupees ($150. 7 million) in cash, leading the firm’s Series B round as a strategic investor. Sarvam was valued at $1. 5 billion in the round, which raised $234 million in i
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