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Google May Invest In Homegrown AI Startup Corover.Ai

According to reports Google has made a non-equity funding of USD 500,000 in Corover after signing an agreement with the startup in March this year

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Tech major Google is reportedly in talks for its investment of about USD 4 million in homegrown conversational artificial intelligence startup Corover.ai, according to recent media reports.

Corover is among that handful of Indian startups that are responsible for building an indigenous large language model (LLM), called BharatGPT, which is claimed to support more than a dozen of Indian languages.

According to reports Google has made a non-equity funding of USD 500,000 in Corover after signing an agreement with the startup in March this year and the discussion to invest USD 4 million in equity came following the notification of the official launch of BharatGPT in the coming weeks. The new investment is likely to be received by December.

As a ‘strategic partner’, Google provides credits to Corover to access cloud computing and the cash infusion will go into scaling up BharatGPT, the report added.

Google and Corover had not officially commented on the matter.

Founded in 2016 Corover’s Generative AI aims are applauded by Prime Minister Narendra Modi and other global leaders. The company is on a mission to enable users to talk to any system the way they talk to an intelligent person a goal that is currently supported by its resell partners Google, Microsoft, Mahindra, Accenture, KPMG, UI Path, Automation Anywhere, IRCTC, Finastra and more.


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