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‘Ready to invest $1M and 5 hours per week to make India great in AI’: Perplexity AI CEO

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Aravind Srinivas, CEO of Perplexity AI, committed $1 million and five weekly hours to boost AI in India, challenging DeepSeek's AI model. He promises an additional $10 million if Indian efforts surpass DeepSeek R1's benchmarks. Srinivas emphasized the importance of both building on existing AI models and training new ones, critiquing Nandan Nilekani's solely build-focused stance. Meanwhile, the US announced a $500 billion AI venture through OpenAI, SoftBank, Oracle, and MGX.