Bengaluru: artificialThe aye founded by startup HailstoneBhavish Aggarwal has raised $50 million Grant The round was led by Matrix Partners India. Agarwal said the funding was at a valuation of more than $1 billion. This possibly makes it India’s first unicorn In the pure AI field. The fund will be deployed to foster innovation and expand its footprint globally. Krutrim, which means artificial in Sanskrit, will have a distinct identity from Ola’s mobility and EV businesses.
“India has to build its own AI, and at Crutrim we are fully committed to building the country’s first full AI computing stack,” said Agarwal, founder of Crutrim and cab aggregator Ola. The company was incorporated in April last year as Crutrim SI Designs with teams based in Bengaluru and San Francisco.

The beta version of Crutrim will be available to consumers from February. Additionally, it will also be available as an API (Application Programming Interface) for enterprises and developers looking to build AI applications.
Agarwal recently launched a “made for India” ChatGPT counterpart, which he said will support 10 Indian languages. Several enterprises in India are working on similar initiatives, partly based on the government’s Bhashini Mission which is building an Indian language database that can be used to train AI models.
Aggarwal said models trained in Indic languages ​​performed well on a suite of industry standard benchmarks, including MMLU (Massive Multitask Language Understanding), Hellasswag, a dataset for studying general knowledge inference, PIQA, datasets trained with the same amount of data on OpenGL. -Have performed better than source LLM. For common sense reasoning, among others.