Ola Founder Bhavish Aggarwal has called out "unique irony" of India having its design imprint on every chip in the world, yet no chip of its own, and said while his announcement on first AI chip for India is a "moonshot", the company is fully confident of delivering on the promise. In an interaction with PTI editors at the agency's headquarters here, Aggarwal talked at length on his vision behind the bold and ambitious project, and explained why building a chip from scratch is a "risky endeavour". And why he is convinced that Ola Group and AI venture Krutrim can pull off the "moonshot". Aggarwal said the company would not be setting up a fab for its AI chip. Instead, it plans to work with global foundries, say, in Taiwan, Korea or even the American ecosystem. Conversations are on but not yet finalised, the Ola top boss said, adding, "hopefully somebody puts up a cutting-edge fab in India, and we will be happy to use it." A vocal advocate of India's digital sovereignty, Aggarwal is
Grok's images, powered by a small startup called Black Forest Labs, were deliberately unfiltered, but even Grok appears to have reined in some forms of content.
Equity investment platform InvestorAi has raised Rs 80 crore in funding led by Lucky Investment Managers founder Ashish Kacholia and his associates, the company said on Thursday. The Bangalore-based company said funds raised will be used for scaling the business and adding new products. "InvestorAi raises Rs 80 crore in Series A from ace investor Ashish Kacholia and associates," the company said in a statement. Founded in 2018, InvestorAi is an AI-powered equity investment platform that uses advanced AI to power stock recommendations for investors. "We are convinced that India can lead the way and be a showcase for the world on how to use AI technology to create DIY wealth solutions that are simultaneously convenient, engaging, accessible to all and create good investment outcomes. "We are delighted to have such an incredibly experienced market expert like Ashish Kacholia as an investor and are grateful for his confidence in our vision, our model and our team," InvestorAi Chairman
The move comes as startups face rising competition for their AI products for business, and businesses face growing pressure to demonstrate the gains from investment in AI
AI is gradually becoming part of our lives in a big way, and soon enough, our daily routines will wholly depend on it. Here are five free Google AI courses for anyone interested in learning new things
The company now forecasts full year revenue to hit the high end of projections or a rise of about 7 per cent
The new tool is built with Meta's Llama 3.1, the biggest version of its mostly free artificial intelligence models
Announced at Google I/O in May, Gemini 1.5 Flash offers multimodal capabilities while being more lightweight than the Gemini 1.5 Pro model
US financial services major JPMorgan Chase's new large language model, functioning as a 'research analyst', has already been rolled for more than 50,000 employees
Meta uses its Llama models to power its AI chatbot, called Meta AI, which operates inside its apps, including Instagram and WhatsApp, and also as a separate web product
As many as 67 per cent respondents expect to use the technology in two to five years
GPT-4o mini is now replacing the old GPT-3.5 model on OpenAI's chatbot - ChatGPT for Plus and Team subscribers, as well as free tier users. Enterprise customers to get access starting next week
Wipro has made 'human interactions' core of AI development, says chairman of IT service company
EssilorLuxottica's Paris-listed shares jumped 6 per cent after the report, while Meta stock was up 2.3 per cent just after the opening bell
The country's first international Gen AI conclave will be held in Kerala next week and it will give an impetus to the state's efforts to become India's leading hub in the field of artificial intelligence (AI), Chief Minister Pinarayi Vijayan said on Friday. In a Facebook post, Vijayan said over a thousand delegates will take part in the two-day conclave being organised at Kochi by global technology company IBM in collaboration with the state government on July 11 and 12. In conjunction with the conclave, IBM is also organising the WatsonX Challenge, he said. The WatsonX challenge is the connecting of academic knowledge and real-life use cases using generative AI. The CM said that the team that wins the challenge, in which over 50 startups working in the field of artificial intelligence will take part, will not only get an award, it will also get an opportunity to present their ideas in front of investors from the global level. Vijayan, in his post, also said that besides IBM, vari
Some are expecting the M&A market for AI startups to pick up in the second half, as tech companies with capital or sought-after stock, from Nvidia to Databricks, have been acquisitive
Talking about the development of AI in India, Narayanan said that the technology has added speed and dynamism to the already dynamic entrepreneurial ecosystem in India
Underlining the importance of taking the Indian culture into consideration while building these models, Sewak said that sensitivities in Indians may be different from those of the Western world
Samsung launched the Galaxy Book 4 Ultra laptop in India. Meta AI is now available in India across the company's platforms, including WhatsApp. Apple iPhone 16 series will be powered by A18 chips
Meta AI is gradually rolling out in India on Meta's platforms, including WhatsApp