HCL Technologies invests Rs 1,427 crore in Sarvam AI

HCL Technologies has invested Rs 1,427.25 crore in Axonwise (Sarvam AI), India's full-stack sovereign AI company. The investment is aimed at acquisition of 41,421 equity shares, representing 10.46% stake in Sarvam AI. Through this investment, the company will fund Sarvam's continued research and development for training its next-generation frontier models for agentic AI, coding, and cybersecurity use cases, as well as access to compute at scale to expand its deployment across key industry verticals. The company brings its deep enterprise transformation expertise and global client relationships to accelerate Sarvam's vision of building a powerful, end-to-end sovereign AI ecosystem for India and beyond. $HCLTECH