Bhavish Aggarwal, founder of ‘Kristim’ (File Photo)
On the occasion of Republic Day, Ola made a big announcement. The company launched India’s homegrown AI ‘Kristim’. Ola’s homegrown AI ‘Artificial’ has come into the market when ChatGPT and Google Bard have become quite popular among the people. Ola has also received huge funding for this. The name ‘Kritrim’ is actually the Hindi translation of artificial.
Ola says that the first round of funding of his new AI company has been completed on January 26 itself. With this, ‘Artificial’ has become the country’s fastest growing AI company and the first AI unicorn.
Received $50 million funding
Ola said in a statement that the valuation of ‘Kristim’ has been estimated at $1 billion and on this basis it has raised funding of $50 million. Company founder Bhavish Aggarwal said that India should have had its own AI. That’s why we have created ‘Kristhim’ which is the country’s own AI computing stack.
India needs to build it own AI, and we @Krutrim are committing ourselves to building the country's complete AI computing stack. We are excited to announce the successful closure of our first funding round making कृत्रिम – India's fastest Unicorn and also the first AI unicorn 🙂… pic.twitter.com/sORXgTKjki
— Bhavish Aggarwal (@bhash) January 26, 2024
‘Artificial’ will be capable of doing many tasks
It has been told by the company that ‘Artificial’ can easily switch between many languages. That means it can be given commands in different languages simultaneously. Not only this, he can also comfortably discuss many topics of Bengali literature. ‘Artificial’ can handle everything from Bollywood masala movies to dosa recipes. Common people will be able to use its beta version from February 2024.
On the occasion of 26th January, another announcement was made by Ola. Ola Cabs, another business of Ola, is going to start e-bike taxi service in Delhi and Hyderabad. The company has successfully completed its pilot project in Bengaluru.