Ola cofounder’s AI venture keeps most details away for the future
OpenAI, Meta and Google. He also added that a chatbot based on the Krutrim model can “write and speak in 10 Indian languages, and can understand 22." Work on the model, Aggarwal added at a media roundtable post-announcement, had begun “roughly a year ago." “We’re also building our own technology for data centres—not just the physical investment into data centres, but also the technology.
This is because it is important to make data centres more efficient to bring down cost, and to make it a greener, more sustainable solution," he said. “In India, we need to design our own silicon chips for building this." However, key details such as potential enterprise client conversations, the source of the data on which the models are being trained, and details on data centre and chip investments were not shared.
Speaking about the ownership of the venture, Aggarwal said, “Krutrim is a separate business altogether. It is not going to be integrated at a transactional level.
There are some entities that I own 100%—this is under my company, and not part of Ola or Ola Electric’s corporate structure." He also added that while Krutrim has “some investments into it," the details were not publicly disclosed. Aggarwal’s announcement comes amid a time of heightened interest in India-specific AI platforms as well as use cases.
The centre is set to unveil its AI policy under the India AI programme on 10 January, which will include a policy framework for public-private partnership models on development of AI databases in Indic languages, as well as indigenous compute capacities, said union minister of state for IT, Rajeev Chandrasekhar, in an interview with Mint on Thursday. The government, under the ministry of electronics and IT (Meity),
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