AIInc42about 2 hours ago
Cognizant Talks Invest In Sarvam AI
2 min read
Cognizant Technology Solutions is in talks to invest in Bengaluru-based AI startup Sarvam, potentially valuing the company at $3.5 Bn to $4 Bn. Sarvam seeks $300 Mn in fresh capital, doubling its previous $1.5 Bn valuation. The deal would make Cognizant the second IT services major on Sarvam's cap table after HCLTech.
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