MAS Financial Reports 24% Growth in AUM & 26% in PAT
July 25, 2024
Trending News
July 27, 2024,9:16:43 AM
Google may invest $4 million in Indian AI start-up Corover.ai
.jpg)
Google is likely to be investing nearly $4 million in Indian AI start-up Corover.ai. Corover is in the process of developing a Large Language Model called BharatGPT, which is said to be able to support over a dozen Indian languages.
At the 9th edition of Google for India 2023, the tech major said new partnerships are being announced between Google Pay and the government.
According to reports, Google has committed to a non-equity funding of $500,000 in the startup, with the majority disbursed since March and the remainder expected by December. Sources indicate that an additional $4 million will be invested as equity after the imminent launch of the chatbot in the coming weeks.
As a strategic partner, Google extends credits for the usage of its cloud computing services to the startup. The infusion of the latest funding is anticipated to support BharatGPT in scaling up its operations in the future, as outlined in the report.
What’s hot
 2024-07-25 14:45:38.jpg)
Icons of Indian Business: Icons of Indian Business is a monthly business magazine targeted at Indian business owners, traders and entrepreneurial enthusiasts. It provides online media solutions for Entrepreneurs. IIB has been the definite guide to the diverse challenges of entrepreneurship. Each edition consists of entrepreneurs ... with the all information they require and demand to grow their business. Iconsindianbusiness.com offers a daily source of information, strategic insights and how-to guidance on virtually every area of business management, from leadership to marketing, technology and money matters. IIB connects with millions of business owners who drives forward with the ideas and innovations.Make your brand the preferred choice with these affluent business decision-makers through a variety of customized programs integrated across digital,print,event and community platforms. IIB team works from Bangalore,Karnataka, but has a presence throughout India through its correspondents. IIB published 12 times a year, available in print and digital editions.
© 2024 Iconsofindianbusiness.com. All Right Reserved.