Peak immersion” in Silicon Valley to meet several titans of the industry, the latest from the venture capital firm. expansion of offers and flexibility of networking.
Around 60 founders, many of whom are backed by Peak XV's highly influential Surge program, will join the company's partners on the trip to meet industry leaders and visit AI research centers, according to a participant informed about the subject.
The week includes strategy sessions with executives from OpenAI and Nvidia as well as Sequoia partner Doug Leone, and discussions with seasoned operators like Uniphore chief Umesh Sachdev and DoorDash advisor Gokul Rajaram, according to an email sent by the company to portfolio startups seen by TechCrunch.
The program, internally dubbed “Immersion Week,” is the latest glimpse into Peak XV's expanded roster beyond check writing, as competition heats up among venture capitalists seeking access to startups most promising AI technologies in the world.
India, one of the largest startup ecosystems, currently lacks depth when it comes to deep tech and AI startups. Very few players in India attempt to create large, foundational language models. Sarvam AI, one such startup, announced $41 million in funding late last year, led by Peak XV and Lightspeed India, and entered into a partnership with Microsoft last week.
Investors say many existing startups in India are strategizing on what new capabilities to develop and finding customers abroad – and that's where a trip like 'Immersion' can prove beneficial.
Peak XV did not immediately respond to a request for comment Monday morning. But in the email to portfolio companies this weekend, Peak of AI”.
Peak XV managing directors Shailendra Singh, Rajan Anandan, Harshjit Sethi, Ashish Agrawal and Surge partner Pieter Kemps are among those organizing the week, according to the person briefed on the matter.