Bhavish Aggarwal, the CEO and creator of Ola, said that high-caliber translation APIs for English to/from Indian languages will be available shortly on the Krutrim cloud for text, speech, and video modalities.
On May 2, Krutrim published an Android app that can be downloaded from the Google Play Store. The software provides information gathering and authoring support. Aggarwal said at a recent event that the business wants to provide a platform so that Indian developers may use Krutrim to design apps that run on other platforms.
The business unveiled Krutrim AI Cloud, a cloud platform designed for developers, researchers, and businesses. Access to Krutrim's basic models, Mistral and Llama 3 from Meta, as well as other open-source models, are all made possible by this platform.
Additionally, Krutrim disclosed a collaboration with Databricks to pre-train and optimise its basic LLM for Indian languages. The partnership seeks to quicken India's progress in creating generative AI solutions.
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The business faces competition from domestic rivals, including Lightspeed-backed Sarvam AI, Tech Mahindra-backed Project Indus, Pragna by Soket Labs, and Bharat GPT by CoRover.ai. Among its 79 rivals worldwide, Krutrim is ranked 19th, behind OpenAI, DeepMind, and xAI.
Following the completion of a $50 million investment round headed by Matrix Partners India, Krutrim AI became the first AI unicorn in India. With a $1 billion valuation, Krutrim became the first domestic AI company to attain this milestone and the first unicorn of 2024 in India.
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