India’s Sovereign AI Push Accelerates as Sarvam AI Nears $1.5 Billion Valuation and Government Funds 12 Labs
India’s AI ecosystem reached a milestone in April 2026 as Sarvam AI moved to close a $300-350 million funding round at a $1.5 billion valuation, while the government committed public funding to 12 sovereign AI foundation model labs. Microsoft’s $17.5 billion India investment is materialising with a Hyderabad data centre going live mid-2026.
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