Premji Invest Eyes $10-$15 Million Stake in AI Startup Galileo

• Premji Invest, led by billionaire Azim Premji, may invest $10-$15 million in San Francisco-based AI startup Galileo.
• This investment is part of Galileo's Series B funding round, following an $18 million Series A round in November 2022.
• Galileo specializes in MLOps, helping data scientists and engineers improve machine learning model accuracy.
• This marks Premji Invest's fifth AI investment in the past year, including stakes in Hippocratic AI, Hugging Face, Canva, and Poolside.
• Premji Invest aims to build a global portfolio in the wake of the generative AI boom.

Source: Moneycontrol