Bhavish Aggarwal, the founder of Ola, has contradicted Sam Altman‘s assertion that Indian firms are incapable of developing products akin to ChatGPT. Aggarwal has assured that his AI venture, Krutrim, will demonstrate otherwise.
What Happened: At a developer summit, Aggarwal addressed a question about AI adoption, criticising large western computing firms for perpetuating the belief that AI is complex to implement and that only they are capable of doing so, as per a YourStory report.
Aggarwal referred to a previous statement by Altman, who had claimed that Indian companies would be unable to develop a product similar to ChatGPT. “We will show them how to do it,” Aggarwal retorted.
See Also: Paytm’s Bhavesh Gupta Steps Down As COO — Company Rejigs Top Management
The Ola founder also unveiled new cloud computing platforms aimed at significantly reducing AI costs and making it more relevant to the Indian populace.
Altman had stirred up controversy during his India visit in June 2023, asserting that it would be impossible for any Indian tech firm to build a ChatGPT rival. He later clarified that this was due to the massive budgets needed to develop such models.
Aggarwal views AI as a once-in-a-generation opportunity, with India potentially being at the centre of it all. He also committed to Krutrim’s mission of nurturing the developer ecosystem in India.
Read Next: Seven Gautam Adani Companies Receive SEBI Notices In Hindenburg Stock Manipulation Case, Conglomerate Downplays Impact: ‘No Material Non-Compliance'
Engineered by Benzinga Neuro, Edited by Utkarsh Roshan
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.