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$1.3B AI Commitment
Peak XV announces a strategic pivot, earmarking $1.3 billion for AI and deep tech investments.
AI Surge
Indian AI startup valuations reach record highs amid global generative AI boom.
Peak XV Rebrand
The India & SEA entity officially rebrands as Peak XV Partners, named after Mount Everest.
Sequoia Capital Split
Sequoia Capital announces the separation of its India/SEA, China, and US/Europe businesses.
Peak XV Partners, formerly Sequoia India, is deploying $1.3 billion primarily into artificial intelligence, signaling a major strategic pivot. This move comes amid intensifying competition from global venture capital firms vying for a share of India's rapidly maturing technology ecosystem.
Nvidia is restructuring its massive commitment to OpenAI, shifting from a $100 billion staggered partnership to a $30 billion direct equity investment. This move comes amid a broader cooling of AI valuations and a strategic pivot toward securing OpenAI's capital for hardware procurement.
OpenAI is reportedly in talks to secure a historic funding round exceeding $100 billion, a move that could propel its valuation to over $850 billion. The capital injection, backed by tech titans like Microsoft, Nvidia, and Amazon, signals an unprecedented escalation in the global AI infrastructure race.