Cars24 Launches AI Labs, Commits $20M to Back Early-Stage AI Founders

According to The Economic Times, Cars24 has launched Cars24 Labs with a $20 million commitment to support early-stage AI founders. The initiative will provide capital, mentorship, infrastructure, and AI tools, with partnerships including OpenAI, Amazon Web Services, and ElevenLabs to offer access to cloud infrastructure, language and voice models, and technical expertise.
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