Explore the latest news, in-depth reports, and executive analysis tagged with #Open Source Model.
Anupam Mittal founder of People Group and existing investor TDV Partners also invested in the funding round.
The new funding, which values the startup at about $1.5 billion, will be invested in new AI features, strategic acquisitions, market expansion.
The funding round, which valued the startup at $12 billion, also saw participation from NVIDIA, Accel, ServiceNow, CISCO, AMD and Jane Street.
The open source model space has become competitive with a string of AI startups in the US and China bracing to launch their own models.
