ai4bharat researchers funding: AI4Bharat researchers to raise $12 million from Peak XV, Lightspeed for own firm
Researchers at India's AI4Bharat are raising $12 million from venture capital firms Peak XV and Lightspeed Venture for an artificial intelligence startup, according to three people familiar with the matter.The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI's ChatGPT dazzled users with its ability to engage in human-like conversations. Most seed rounds are usually up to $1 million to $2 million. Vivek Raghavan and Pratyush Kumar, who worked on developing AI models for…