IPO-Bound Fractal Proposes To Build India’s First Reasoning AI Model

AI startup Fractal is looking to build India’s first large reasoning model (LRM) with a total investment of INR 118 Cr, a top executive told Inc42

While INR 42 Cr will come from the company’s coffers, Fractal is seeking a capital subsidy of INR 76 Cr from the Union government under the IndiaAI Mission

This comes when Fractal is gearing up for its IPO with plans to raise $500 Mn at a valuation of $3.5 Bn

Riding on the AI wave, IPO-bound Fractal Analytics is looking to build India’s first large reasoning model…