The series of errors made by Krutrim AI has caused a great deal of laughter on social networking platform X, where screenshots of the chatbot’s replies have gone viral.
Tag: Krutrim
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Krutrim Becomes India’s 1st AI Unicorn; Check All About Ola CEO Bhavish Aggarwal’s Venture |
New Delhi: On Friday, the Indian AI company Krutrim achieved something big! It became the fastest unicorn in the country and also the first AI unicorn. What does that mean? Well, it closed its first round of funding where investors, including Matrix Partners India, put in $50 million. This investment valued Krutrim at a whopping $1 billion.
In simpler terms, a lot of people believe in Krutrim’s potential and give them a lot of money to help them grow. Let’s have a look at the details of the company. (Also Read: Now You Can Choose Any Hospital For Treatment; Know All About Game-Changing Rule For Health Insurance)
The Birth Of Krutrim Si Designs
Bhavish Aggarwal and Tenneti joined hands to establish Krutrim Si Designs, a tech venture under the umbrella of ANI Technologies Limited, the parent company of Ola Cabs and Ola Electric. (Also Read: No Need For Thermometer! Now This Smartphone Can Measure Your Body Temperature)
What Is The Meaning Of Word ‘Krutrim’?
Named after the Sanskrit word for ‘artificial,’ Krutrim is not just a buzzword; it’s a large language model (LLM) that has undergone training on a staggering 2 trillion ‘tokens’ — these are like building blocks of language used in everyday conversations.
Models Of Krutrim
Krutrim debuts with a base model, set to hit the market next month. But hold onto your seats because the advanced Krutrim Pro is scheduled for an early release next year, promising cutting-edge capabilities for problem-solving and task execution.
Language Diversity
Krutrim comprehends 20 Indian languages and can generate content in 10 of them, including Hindi, Kannada, Marathi, and Telugu. The team proudly asserts that Krutrim outshines even GPT-4 in supporting Indic languages.
How Krutrim Works?
Krutrim employs a custom tokenizer to interpret various languages and scripts, making it a versatile linguistic wizard. In head-to-head comparisons with other open-source LLMs trained with similar data volumes, Krutrim emerges victorious across a range of industry-standard benchmarks.
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Krutrim Becomes India’s 1st AI unicorn With Latest Funding |
New Delhi: Homegrown AI company Krutrim on Friday became the country’s fastest unicorn and also the first AI unicorn in the country, after it closed its first round of funding. The funding round, led by investors such as Matrix Partners India and others, garnered an investment of $50 million in equity at a valuation of $1 billion.
The funds raised will be instrumental in accelerating the company’s mission to revolutionise the AI landscape, drive innovation, and expand its reach globally, it said in a statement. “India has to build its own AI, and we are fully committed towards building the country’s first complete AI computing stack,” said Ola’s Bhavish Aggarwal, Founder, Krutrim.
Avnish Bajaj, Founder and MD, Matrix Partners India said they are privileged to deepen their partnership with Bhavish and Krutrim. Krutrim unveiled its base large language model (LLM) last month.
With the largest representation of Indian data used for its training, it powers generative AI applications for all Indian languages. Trained by a team of leading computer scientists, based in Bengaluru and San Francisco, this model will also power Krutrim’s conversational AI assistant that understands and speaks multiple Indian languages fluently.
Trained on over 2 trillion tokens, Krutrim accomplishes better performance on multiple global LLM evaluation benchmarks including MMLU, HellaSwag, BBH, PIQA and ARC. Krutrim model can fluently switch between languages and discuss nuanced topics ranging from poetry in Bengali, to Bollywood movies, to creative masala dosa recipes.
Krutrim will be available in beta version for consumers in February 2024. Additionally, it will also be available as an API for enterprises and developers, seeking to create AI applications.