The series of errors made by Krutrim AI has caused a great deal of laughter on social networking platform X, where screenshots of the chatbot’s replies have gone viral.
Tag: Ola CEO Bhavish Aggarwal
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Krutrim Becomes India’s 1st AI Unicorn; Check All About Ola CEO Bhavish Aggarwal’s Venture |
New Delhi: On Friday, the Indian AI company Krutrim achieved something big! It became the fastest unicorn in the country and also the first AI unicorn. What does that mean? Well, it closed its first round of funding where investors, including Matrix Partners India, put in $50 million. This investment valued Krutrim at a whopping $1 billion.
In simpler terms, a lot of people believe in Krutrim’s potential and give them a lot of money to help them grow. Let’s have a look at the details of the company. (Also Read: Now You Can Choose Any Hospital For Treatment; Know All About Game-Changing Rule For Health Insurance)
The Birth Of Krutrim Si Designs
Bhavish Aggarwal and Tenneti joined hands to establish Krutrim Si Designs, a tech venture under the umbrella of ANI Technologies Limited, the parent company of Ola Cabs and Ola Electric. (Also Read: No Need For Thermometer! Now This Smartphone Can Measure Your Body Temperature)
What Is The Meaning Of Word ‘Krutrim’?
Named after the Sanskrit word for ‘artificial,’ Krutrim is not just a buzzword; it’s a large language model (LLM) that has undergone training on a staggering 2 trillion ‘tokens’ — these are like building blocks of language used in everyday conversations.
Models Of Krutrim
Krutrim debuts with a base model, set to hit the market next month. But hold onto your seats because the advanced Krutrim Pro is scheduled for an early release next year, promising cutting-edge capabilities for problem-solving and task execution.
Language Diversity
Krutrim comprehends 20 Indian languages and can generate content in 10 of them, including Hindi, Kannada, Marathi, and Telugu. The team proudly asserts that Krutrim outshines even GPT-4 in supporting Indic languages.
How Krutrim Works?
Krutrim employs a custom tokenizer to interpret various languages and scripts, making it a versatile linguistic wizard. In head-to-head comparisons with other open-source LLMs trained with similar data volumes, Krutrim emerges victorious across a range of industry-standard benchmarks.
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Ola’s Chief Bhavish Aggrawal Launched India’s First AI Model Krutrim: Check Details |
New Delhi: In a significant move beyond its cab services, Ola, the ride-hailing giant in India, has ventured into the AI (Artificial Intelligence) realm with the introduction of Krutrim, one of India’s first indigenous AI models. Ola’s CEO, Bhavish Aggarwal, unveiled Krutrim during a live event, emphasizing its local roots, built on Indian languages and data.
Ola aims to encourage the adoption of indigenous AI products like Krutrim, advocating for a departure from Western AI offerings such as ChatGPT and Google. (Also Read: These Banks Changed Loan Interest Rates In December: Check New Rates Here)
Aggrawal highlighted Krutrim’s simplicity and user-friendly interface during the event, expressing its potential to attract a diverse user base in India. (Also Read: Are You Looking For Safe And Tax-Efficient Investment Option? Check Benefits Of Tax-Free Bonds)
AI is going to define the future paradigm of economy and culture. We are extremely happy to launch India’s first AI computing stack that is unique to our context, connecting our future to our roots. AI will certainly transform everything, making India the most productive,… pic.twitter.com/j0snnLUYAZ
— Bhavish Aggarwal (@bhash) December 15, 2023The AI model claims proficiency in understanding 20 Indian languages and generating content in 10 Indian languages, including Marathi, Hindi, Telugu, Kannada, and Odia.
Although Krutrim is still in its beta phase, Ola envisions a comprehensive AI ecosystem, encompassing an AI chip, a sustainable AI cloud, a family of AI models, and a user-facing application.
The company showcased a demo of the AI chatbot, showcasing its ability to handle simple queries like creating stories and poems.
Krutrim is available in two models, the basic version, and the Pro model, set to be released in the next quarter. Ola’s ambitious foray into AI aligns with the broader industry trend, with major tech players investing heavily in AI development.
While the path ahead requires substantial investment, Ola aims to position itself as a key player in shaping India’s direction in AI, aligning with government initiatives.