India's first AI unicorn company is born: startup Krutrim announced the completion of $50 million in financing, with a valuation of up to $1 billion

According to a report by India Today on the 26th local time, the AI startup founded by Bhavish Aggarwal, an Indian entrepreneur and founder and CEO of the online car-hailing platform Ola, Krutrim Received $50 millionFinancing,makeThe company's valuation reached $1 billion, becoming India's first artificial intelligenceUnicorn companies.

India's first AI unicorn company is born: startup Krutrim announced the completion of $50 million in financing, with a valuation of up to $1 billion

A month ago, Krutrim launched its own large language model.The company is also actively involved in the development of data centers and plans to produce servers and supercomputers dedicated to the AI ecosystem..

Bhavesh Agarwal expressed his passion for building a complete AI computing stack in India:India must build its own AI industryAt Krutrim, we are fully committed to building India’s first complete AI computing stack.”

Krutrim’s Big Language Model focuses on local Indian data and claims to be trained using more than 2 trillion corpora to power generative AI applications in various Indian languages. The model can switch seamlessly between different languages.and be able to participate in discussions on topics ranging from Bengali poetry to Bollywood films and masala cuisineThe big model will be available to consumers in February and will also provide APIs for businesses and developers.

Krutrim also plans to launch a multimodal AI model called Krutrim Pro this year, which will have more advanced problem-solving and task-execution capabilities.

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