Ola Krutrim Invests Rs 10,000 Crore in AI Lab

New Delhi, Feb 4 (PTI) Ola's Krutrim has launched Krutirm AI Lab with an initial investment of Rs 2,000 crore, which it plans to scale up to Rs 10,000 crore over the next year, the company said on Tuesday.

Krutrim claimed that it will be the country's first AI frontier research lab that will make AI research accessible, attract the best talent, and establish India as a global leader in open-source AI.

"Krutrim announced an investment of Rs 2,000 crore today (equity and debt) with a commitment of Rs 10,000 crore by next year. Krutrim also strengthens its global collaborations by announcing India's first GB200 cluster deployment, along with NVIDIA scheduled to go live by March 2025. Krutrim aims to build India's largest supercomputer in India by the end of the year," the company said in a statement.

Krutrim Founder Bhavish Aggarwal said his vision is to develop AI for India and make it better for Indian languages, data scarcity and cultural context.

"While we are behind global benchmarks, we have made good progress in the last one year. With Krutrim AI Lab, we hope that the entire Indian AI community collaborates to create a world-class Indian AI ecosystem," Aggarwal said.