Google in talks to invest $4 million in BharatGPT-maker
The Hindu
Google could invest in Indian AI startup CoRover which has built their own LLM called BharatGPT. The chatbot can interact in more than a dozen languages.
Google is in talks to invest $4 million in homegrown conversational AI startup CoRover.ai, sources revealed to Economic Times today. The Bengaluru-based startup has built an indigenous large language model called BharatGPT, which claims to support more than a dozen Indian languages.
Google has reportedly already promised a non-equity funding of $500,000 in the startup most of which has been distributed since March, with the remaining to be received by December. The sources have stated that the $4 million will be invested as equity after the launch of the chatbot in the following weeks.
The tech giant is a strategic partner to the startup and provides it credits for using its cloud computing services. The latest funding will help BharatGPT scale in the future, the report stated.
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According to CoRover’s website, its chatbot can handle text, audio and video input and can be integrated across platforms built by SAP, Salesforce, Signal or Zoom.
Last week, Adobe acquired another Bengaluru-based AI-video creation startup called Rephrase.ai, indicating that the Indian AI startup space is heating.
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