AI startups look for acqui-hires, mergers to accelerate journey

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As companies strive to keep up with the rapid pace of artificial intelligence, startups are increasingly looking at mergers and acquisitions and acqui-hires to accelerate their AI journey and enter new areas.

Some of the startups that have made acquisitions in the last two years include Krutrim and Sarvam, with many companies evaluating potential deals, ET has learnt.

Ola’s AI arm, Krutrim, acquired semiconductor company Bodhi Computing in 2023 to enter the semiconductor space. Krutrim announced last year that it would launch AI chips Bodhi 1 and Bodhi…



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AI startups look for acqui-hires, mergers to accelerate journey


As companies strive to keep up with the rapid pace of artificial intelligence, startups are increasingly looking at mergers and acquisitions and acqui-hires to accelerate their AI journey and enter new areas.

Some of the startups that have made acquisitions in the last two years include Krutrim and Sarvam, with many companies evaluating potential deals, ET has learnt.

Ola’s AI arm, Krutrim, acquired semiconductor company Bodhi Computing in 2023 to enter the semiconductor space. Krutrim announced last year that it would launch AI chips Bodhi 1 and Bodhi…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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