Thursday, 4 July, 2024

Peak XV Commits ₹16,000 Crore for Investment in AI Startups

Peak XV has announced a substantial investment fund of ₹16,000 crore dedicated to AI startups. This significant financial commitment is aimed at fostering innovation and growth in the AI sector, supporting emerging companies with the resources needed to develop cutting-edge technologies and solutions. The initiative reflects Peak XV's strategic focus on advancing AI capabilities and solidifying its position in the tech investment landscape.