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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 India Today on the 26th, Krutrim, an AI startup founded by Bhavish Aggarwal, an Indian entrepreneur and founder and CEO of Ola, an online car-hailing platform, received $50 million in financing, bringing the company's valuation to $1 billion, making it India's first artificial intelligence unicorn. 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 dedicated to the AI ecosystem...
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