
The company is using the cash to open an office in the Bay Area and compete for talent there, "strengthening its position at the heart of the world's leading AI ecosystem."
Gradium, a Paris-based startup developing voice AI models, has raised $100 million in its seed round with backing from Nvidia and other investors. The company is using the funding to open a Bay Area office to compete for talent near major AI companies, acknowledging that proximity to leading AI ecosystems provides strategic advantages. Gradium's technology focuses on delivering AI voices at scale with ultra-low latency, reducing the pauses that often occur in AI agent conversations. Since launching in December with initial funding from investors including Eric Schmidt and Xavier Niel, the startup has already secured major customers such as Renault despite competition from established voice AI companies.

Should Anthropic trust Elon Musk to host its models? With about $40 billion in revenue at stake, Musk insists that the company can.

Nilekani remains Fundamentum's anchor investor as the firm expands its leadership team and targets AI and fintech startups in India.

Three big AI IPOs are set to generate more value than all the U.S. VC backed exits since 2000.
Want to go deeper than the news? Explore live, cohort-based AI courses taught by practitioners.
Browse AI courses on Maven