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News on Medial
Sarvam AI Launches Full-Stack GenAI Platform With Five Products
Inc42
·
12m ago
Medial
Bengaluru-based startup Sarvam AI has launched its full-stack GenAI platform, including multiple products like Sarvam Agents, Sarvam 2B, Shuka 1.0, Sarvam Models, and A1. The company aims to have a presence across all three layers of the GenAI ecosystem: foundational models, fine-turning models, and prompt level. Sarvam AI's goal is to revolutionize AI accessibility and adoption in India, especially in multi-lingual and diverse contexts. The startup will face competition in the GenAI ecosystem in India.
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Sarvam, India’s most-funded gen-AI startup, takes to the Big Tech playbook
Livemint
·
1m ago
Medial
Sarvam, India's most-funded gen-AI startup, plans to adopt a full-stack AI approach to expand its business, backed by government subsidies. The IIT Madras-incubated company gained subsidized access to processing chips to build Indian AI models and aims to emulate successful Big Tech strategies. Amid speculation on government support and its innovation strategy, Sarvam intends to focus on both model development and the application layer to enhance its offerings, with more announcements expected soon.
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Microsoft partners with Chennai-based Sarvam AI for genAI tools
Economic Times
·
1y ago
Medial
Microsoft has announced a partnership with Indian startup Sarvam AI to support the development of voice-based generative AI applications. The partnership will facilitate the creation of genAI models targeting Indic languages and context. Sarvam AI, backed by investors like Lightspeed Venture Partners and Khosla Ventures, will make its Indic voice LLMs available on Microsoft's Azure cloud platform. Financial details of the partnership have not been disclosed yet.
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Bhavish Aggarwal-Led Krutrim AI Launches Its Android App
Inc42
·
1y ago
Medial
Indian AI startup Krutrim AI has released an Android app for its AI chatbot, making it available on the Play Store since 2 May. The company says the app will provide writing assistance and information gathering, supporting multiple languages and being tailored for the Indian market. Krutrim AI is aiming to build a platform for Indian developers to create global apps, and has launched its AI cloud infrastructure and public stack. The company competes with other Indian players including CoRover.ai, Soket Labs' Pragna, Project Indus, backed by Tech Mahindra and Sarvam AI, supported by Lightspeed, as it looks to become a key player in the country's expected $17bn generative AI market by 2030.
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Accenture opens genAI studio in Bengaluru
Economic Times
·
1y ago
Medial
Accenture has launched a generative AI studio in Bengaluru, India. The studio aims to develop genAI capabilities for enterprises to optimize their business processes. It will offer a full stack of services, including a proprietary genAI model, customization techniques, model managed services, and training programs. The studio is part of Accenture's $3 billion investment in data and AI. With increasing importance placed on AI, Accenture aims to help clients leverage generative AI to reinvent their businesses and achieve new levels of performance.
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Sarvam AI Launches Indic Language Model ‘Sarvam-1’
Inc42
·
9m ago
Medial
Sarvam-1 is an AI model designed for Indian languages, including Hindi, Bengali, Tamil, and Telugu. Its main goals are to address token inefficiency and poor data quality in Indic languages. Sarvam AI has partnered with Yotta Data Services to improve the Indic language model.
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Big Tech Major Launches Gold-Backed Loans On Google Pay
Inc42
·
10m ago
Medial
- New partnership with Muthoot Finance to provide loans against gold for Google Pay users - Introduction of AI-powered support guide to assist users in understanding credit products - Collaboration with EkStep Foundation to export India's DPI stack to other countries - Google Pay users can now avail loans by pledging gold - AI technology will help users navigate and understand different credit products - Partnership with EkStep Foundation to expand India's DPI stack globally.
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Hyderabad-based Hyperleap AI launches Generative AI Platform post $225K pre-seed round
Entrackr
·
1y ago
Medial
Hyderabad-based new-age Generative AI (GenAI) startup Hyperleap AI has launched an enterprise-ready end-to-end Generative AI platform after raising $225K in pre-seed funding. The funding over two rounds was led by various angel investors, including Anil Kommineni, currently SVP at Zenoti. The proceeds will be used to enable the development and refinement of Hyperleap’s enterprise-ready Generative AI platform. Hyperleap AI operates with a small team based at T-Hub’s new machine learning and artificial intelligence technology hub (MATH) in Hyderabad, delivering services at scale by using its AI capabilities themselves. The startup is now publicly releasing its end-to-end Generative AI platform in May 2024, making it first of a kind product for AI integration by businesses. As per data compiled by startup data intelligence platform TheKredible, more than half a dozen early-stage generative AI startups have raised nearly $100 million in funding in the past six months, Sarvam AI leads the pack with $41 million in Series A followed by Ema and Neysa which raised $25 million and $20 million in their seed round respectively.
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TCS launches Gen AI platform WisdomNext
YourStory
·
1y ago
Medial
Tata Consultancy Services (TCS) has launched WisdomNext, a platform that combines multiple Generative Artificial Intelligence (GenAI) technologies into a single interface. The platform aims to help companies adopt next-gen technology at scale, reduce costs, and operate within a regulatory framework. TCS AI WisdomNext empowers customers to unlock the full potential of data and drive business innovation and efficiency. The platform's ability to navigate a diverse AI marketplace and rapidly compose solutions has been well-received by customers. This launch follows OpenAI's introduction of GPT-4o, an AI model that reasons across audio, vision, and text in real time.
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How MapmyIndia Backed KOGO AI is Helping Enterprises Build Custom AI Agents
Inc42
·
1y ago
Medial
Indian startups are experiencing a surge in investor interest due to the rise of AI-based products. KOGO OS, a low-code platform, allows companies in various industries to build their own AI agents. Using narrative intelligence, KOGO's AI stack creates travel stories for rider communities, enhancing travel discovery and experiences. KOGO OS, built on the AgentGraph technology, can solve problems efficiently without human intervention and interact with humans through various mediums. KOGO AI has generated substantial revenue, with expectations to generate more through KOGO OS. Additionally, Indian tech giants like TCS and Wipro are also adopting GenAI-based agents for improved employee experiences and CRM.
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India Quotient-backed Masai School launches AI-powered tech recruitment platform
Money Control
·
1y ago
Medial
Indian edtech startup Masai School has launched a new AI-powered platform called Level Up, aimed at job seekers and recruiters. The platform offers competency assessments and interviews with tech leads, as well as tools to help job seekers find relevant listings. For recruiters, Level Up provides insights into talent and streamlines the hiring process. Masai School, which offers training in full stack web and Android development, plans to disrupt traditional platforms like LinkedIn and has a job assurance program, with a 60-day money-back guarantee for users who don't receive job offers.
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