Get 40% Off
🚀 Our AI Picked 6 Stocks that Jumped +25% in Q1. Which Picks Will Soar in Q2?Unlock full list

Microsoft partners with India's Sarvam AI for voice-based genAI tools

Published 02/08/2024, 12:33 AM
Updated 02/08/2024, 01:51 AM
© Reuters. FILE PHOTO: Microsoft logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

BENGALURU (Reuters) -Microsoft will support the development of voice-based generative artificial intelligence (AI) applications through a partnership with Indian startup Sarvam AI, the Windows-maker said on Thursday.

The partnership was announced during CEO Satya Nadella's three-day visit as the company pushes for wider adoption of its products by consumers in India, the fastest-growing major economy.

On Wednesday, Nadella had announced an initiative to provide 2 million Indians with AI skilling opportunities by 2025.

© Reuters. FILE PHOTO: Microsoft logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Sarvam AI is building genAI models targeting Indic languages and context, and will now create its solutions on Microsoft (NASDAQ:MSFT)'s cloud services including Azure OpenAI Service, Microsoft said in a statement.

The startup - whose founders earlier developed AI models at Indian Institute of Technology, Madras-based research group AI4Bharat - has raised $41 million in a series A funding from Lightspeed Venture Partners, Peak XV Partners and Khosla Ventures.

Latest comments

Binggo
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.