PremjiInvest is intensifying its focus on artificial intelligence by enhancing its proprietary AI investment tools and developing an AI quant model for public market investments.

A team of 14 AI engineers at PremjiInvest is analyzing data from over 10,000 companies across 600 parameters to pinpoint potential investment opportunities.

The firm's current AI investments include stakes in companies like Cohesity Inc. and Holistic AI.

Beyond technology, PremjiInvest diversifies its portfolio with investments in consumer and health care sectors in India, as well as health care and technology in the US.

PremjiInvest contributes 5% of its capital annually to Azim Premji's philanthropic foundation and has seen its assets under management grow fourfold in eight years.

The firm is known for its long-term investment approach, operating without a set exit time frame for its capital deployments.

Managing partner TK Kurien is considering providing open-source developers access to some of PremjiInvest's AI tools, and the firm is engaged in creating platforms to improve the efficiency of India's court system and government services.

The expansion of PremjiInvest's AI-focused investment initiatives mirrors the broader, rapidly growing interest in AI among family offices.