Indian Startup Sarvam AI Launches Hindi LLM, OpenHathi
The model demonstrates robust performance across various Hindi tasks, comparable to, if not surpassing, GPT-3.5.
The model demonstrates robust performance across various Hindi tasks, comparable to, if not surpassing, GPT-3.5.
AI companies are actively securing significant funding to drive innovation and catalyze transformative changes within the industry.
Imbue and Dell collaborated to design a custom system featuring smaller “clusters” of servers for rapid experimentation in AI system development.
OpenAI recently introduced two new features to ChatGPT, namely ‘Upload many types of documents’ and ‘Use tools without switching’
Ten of the 13 startups in the Surge 09 cohort specialise in AI and deep tech.
Digantara’s system uses data fusion and sensor fusion to gather information from diverse sources, including ground stations and satellite operators
Agnikul Cosmos, backed by IIT Madras has raised almost 200 crores to expand their operations and conduct tests to implement their technology
GalaxEye aims to solve key problems with their satellite, like providing all-weather, intuitive imagery globally and bridging the gap in visual imaging using generative AI
After a 17 year stint at Google, David Petrou along with some of his former colleagues has announced Continua
Other noteworthy investors include luminaries like Nat Friedman, former CEO of GitHub, and Daniel Gross, former YC and Pioneer alumni
Google’s inaugural AI Startup Cohort features thirteen diverse startups that address important issues with AI. The 10-week program offers tailored support, mentoring, and technical expertise
The collaboration accelerates innovation in space-tech providing cloud access to startups, research, and students.
India’s space tech landscape saw remarkable growth, with approximately $205 million raised in funding across 30+ deals between 2014 and July 2023
The OpenAI Startup Fund has invested in emerging AI companies, and many of them have raised multi-million dollars to date
Startups will Lose, But Will Biggies Join Back?
The co-founders aspire to harness the principles of evolutionary computing to develop AI models that embody these adaptive traits, concurrently addressing concerns pertaining to cost and security.
A large number of Google DeepMind employees have moved on to start their own businesses, with the majority of them operating in the AI space
ML Elevate will focus exclusively on startups that are building innovative generative AI solutions
Going by the recent acquisitions and exits by VCs, it looks like it may take only about two years for a generative AI startup to become profitable for investors
The startup observed that learners who accessed the GPT-4-powered AI teaching assistant were 10% to 20% less likely to raise help externally and could solve problems by themselves
Funding received by domestic AI startups witnessed a significant decline this year
Different players in the space sector has welcomed the move
Driven by a collaborative approach, Indian space tech startups work together rather than engaging in cutthroat competition.
Earlier today, Runway AI also raised $141 million funding from Google, NVIDIA, and Salesforce
Dust will locate the relevant internal data on platforms like slack and utilise it as the framework for language learning models (LLMs).
Globally, there are only 259 generative AI startups, and India has less than 20 pure-play generative AI startups
Indians are strong technically, but lack understanding of the second order effects of large language models (LLMs), says one of the lead investors from Lightspeed Ventures.
Entrepreneurs should closely monitor the progress and developments in this domain of AI and machine learning. By doing so, they can not only gain inspiration for innovative business ideas but also enhance the operational efficiency and effectiveness of their startups.
The user interface of Apple’s AR/VR headset bears an uncanny resemblance to that of an Indian startup working on smart glasses since 2020
A majority of the companies today, including the likes of Tesla, Figure and others, are still in the prototype and experimentation stage.
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