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Agrani Labs is raising $50 million, valued at $160-200 million, with existing investor Peak XV and new investors including 360 One participating. The funds will support R&D and engineering efforts for AI inference chips.
Agrani Labs, a semiconductor startup in Bengaluru, is in advanced talks to secure $50 million in funding. Existing investor Peak XV Partners is expected to contribute $15 million, with the remainder coming from newcomers. The funds will be directed towards R&D and engineering. Agrani Labs aims to develop AI inference chips compatible with Nvidia's software stack.
Company Information
Company
Agrani Labs
Location
Bengaluru, Karnataka, India
About
Agrani Labs is an AI semiconductor startup founded by former Intel and AMD executives. The company focuses on building high-performance AI GPUs designed for data centers and a full-stack AI compute platform, including hardware and software solutions. Agrani Labs aims to compete in the rapidly growing AI compute market dominated by few global players. The startup is actively collaborating with academic institutions and industry partners to enhance its development efforts.
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