Cognizant in Talks to Invest in Sarvam at $3.5 Billion to $4 Billion Valuation: Report
Nasdaq-listed Cognizant Technology Solutions is reportedly in discussions to invest in Indian AI unicorn Sarvam AI at a valuation of $3.5 billion to $4 billion, according to a media report. The potential transaction would underscore growing strategic interest from global IT services firms in homegrown artificial intelligence companies as enterprise demand for AI infrastructure and model development accelerates.
