Bengaluru, Jan. 28 -- Agrani Labs, an AI semiconductor startup founded by distinguished veterans from Intel and AMD, publicly launches today after operating in stealth. The company also announces the successful close of an $8 million seed financing round led by Peak XV Partners, with participation from angel investors.

Agrani Labs is one of the most ambitious deep-tech ventures to emerge from India's startup ecosystem. This effort represents a major step toward establishing India as a credible innovator in advanced semiconductor design and compute infrastructure at a time when the global GPU market is expanding rapidly.

The demand for AI datacentre silicon is projected to skyrocket from $207 billion in 2025 to over$1 trillion annually ...