Bengaluru-based Agrani Labs, an AI semiconductor startup founded by former Intel and AMD executives, has come out of stealth and raised $8 million in seed round led by Peak XV Partners with participation from angel investors.
The proceeds will be used to scale engineering efforts and advance product development as Agrani Labs works towards building globally competitive AI compute solutions from India.
Founded by Dheemanth Nagaraj, Ashok Jagannathan, Srikanth Nimmagadda and Rajesh Vivekanandham, Agrani Labs is working on building a high-performance AI…

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