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InMobi doubles down on AI ahead of its IPO
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The Google-backed InMobi group is doubling down on artificial intelligence (AI), with a $200 million (about Rs 1,720 crore) investment in AI commerce platform Glance AI, and generative AI ad tech stack, as it prepares to list on the Indian bourses.
Naveen Tewari, co-founder of InMobi, told ET, “We have two big bets on AI. One, Glance AI, is already out, and the GenAI ad stack will be out by the end of this year.”
Tewari said the company is looking to invest another few hundred million on the AI commerce platform, which is launching across 140…
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