Ola CEO Bhavish Aggarwal On New AI Firm Krutrim | NDTV Profit

NDTV Profit
15 Dec 202303:26

TLDRBhavish Agarwal, founder of Ola Group, discusses the launch of 'Kriti', an initiative aimed at developing India's own AI technology. He emphasizes the importance of creating AI that reflects India's cultural values and contributes to global AI advancements. Kriti will be a comprehensive project, including AI models, cloud infrastructure, and silicon design, all tailored to Indian languages and affordability. Agarwal sees Kriti's potential surpassing that of Ola's other ventures, and while funding is initially from personal and friendly investments, the commitment is to invest whatever is necessary to realize this AI vision for India.

Takeaways

  • 🚀 Bhavish Agarwal has launched 'Kitm', the third major company under the Ola Group.
  • 🌐 'Kitm', derived from Sanskrit, represents artificial intelligence and aligns with India's vision of becoming a world leader by 2047.
  • 🤖 The initiative aims to develop AI that embodies Indian cultural ethos and values, ensuring a unique Indian AI paradigm.
  • 🌍 India's AI development is crucial not only for domestic needs but also to contribute to the global AI landscape.
  • 📈 AI is seen as a foundational layer that will redefine all sectors of the economy, with an 'AI first' approach.
  • 🔍 Kitm's AI models are designed to be trained on 22 Indian languages, reflecting the linguistic diversity of the country.
  • 💡 The project includes building cloud infrastructure, sustainable energy solutions, and silicon design within India.
  • 💰 Kitm is currently funded by Bhavish Agarwal, friends, family, and friendly investors, with a commitment to invest further as needed.
  • 🔥 The potential of Kitm is considered to be vast, possibly surpassing the scale of Ola Cabs and Ola Electric.
  • 🖥️ India's first AI supercomputer is in the works, with a goal to collaborate with both Indian and global companies to achieve this milestone.

Q & A

  • What is the significance of the name 'KIM' for the new Ola Group company?

    -KIM stands for 'artificial' in Sanskrit, reflecting the company's focus on developing AI technology that embodies Indian cultural ethos and values.

  • What is the vision of the Indian Prime Minister that Bhavish Agarwal refers to?

    -The vision mentioned is 'Vishwaguru Bharat' by 2047, which aims for India to become a world leader in technology and innovation.

  • Why is it important for India to develop its own AI technology?

    -Developing its own AI is crucial for India to maintain its cultural identity and values within the AI paradigm, ensuring that the technology aligns with Indian societal norms and contributes to global AI advancements.

  • How does Ola Group plan to make AI accessible to every Indian?

    -Ola Group aims to design a full stack AI solution, including AI models trained on 22 Indian languages, affordable cloud infrastructure, and sustainable energy, to ensure AI technology is accessible to all Indians.

  • How does KIM align with other Ola Group companies like Ola Cabs and Ola Electric?

    -While each Ola Group company operates with its own charter and strategic goals, they may collaborate in strategic areas. AI will serve as a foundational layer that could redefine all sectors of the economy.

  • What is the funding structure for KIM?

    -KIM is primarily funded by Bhavish Agarwal, friends, family, and friendly investors. The company is committed to investing whatever it takes to build India's own AI ecosystem.

  • How does Bhavish Agarwal view the potential of KIM compared to Ola Cabs and Ola Electric?

    -Agarwal believes KIM has the potential to be even bigger than Ola Cabs and Ola Electric, as it addresses the foundational technology of AI for India and the world.

  • What is the plan for creating India's first AI supercomputer?

    -Ola Group plans to collaborate with Indian and global companies to build India's first AI supercomputer over the next couple of years, with the aim of contributing to the global AI paradigm.

  • How will KIM's AI models cater to the linguistic diversity of India?

    -KIM's AI models are being trained on 22 Indian languages to ensure that the technology is inclusive and accessible to the diverse linguistic population of the country.

  • What is the role of AI in the future according to Bhavish Agarwal?

    -Agarwal sees AI as a powerful tool for economic productivity and growth, as well as a means for cultural expression. He emphasizes the importance of an AI-first thought process in redefining all sectors of the economy.

Outlines

00:00

🚀 Launch of Ola Group's AI Initiative

Bhavish Agarwal discusses the launch of 'KIM', an AI initiative by the Ola Group, which aims to create an AI ecosystem that reflects Indian cultural values and contributes to the global AI paradigm. The initiative includes developing AI models trained on 22 Indian languages, cloud infrastructure, and silicon design in India. KIM is funded by Agarwal, friends, family, and friendly investors, with a commitment to invest in building India's own AI capabilities.

Mindmap

Keywords

💡Bhavish Agarwal

Bhavish Agarwal is the co-founder and CEO of Ola, an Indian ridesharing company. In the context of the video, he is the person being interviewed and discussing the launch of a new venture within the Ola Group. His role is central to the narrative as he is the driving force behind the company's expansion into AI technology.

💡Ola Group

The Ola Group is a conglomerate of companies founded by Bhavish Agarwal and Ankit Bhati, with Ola Cabs being the flagship service. The group has expanded into various sectors, and the video discusses the launch of a new company within this group, emphasizing the interconnectedness and strategic collaboration among its entities.

💡Kriti (Kitm)

Kriti, referred to as Kitm in the video, is the new company launched by the Ola Group. The name is derived from the Sanskrit word for 'artificial,' signifying the company's focus on artificial intelligence. It represents the group's ambition to develop AI technology that embodies Indian cultural values and contributes to the global AI paradigm.

💡AI (Artificial Intelligence)

Artificial Intelligence (AI) is the development of computer systems that can perform tasks typically requiring human intelligence, such as learning, problem-solving, and decision-making. In the video, AI is presented as a crucial technology for India's future, with the goal of creating an AI ecosystem that aligns with Indian cultural ethos and values.

💡Vishwa Bhasa (Vasudhaiva Kutumbakam)

Vasudhaiva Kutumbakam is an ancient Indian concept that translates to 'the world is one family.' It reflects the Indian philosophy of universal brotherhood and interconnectedness. In the context of the video, this concept is used to illustrate the desired cultural integration within the AI technology developed by the new company, emphasizing a non-binary and inclusive approach.

💡Economic Productivity

Economic productivity refers to the efficiency with which production inputs are converted into outputs. In the video, AI is highlighted as a powerful tool for enhancing economic productivity and growth, suggesting that the development of AI by the Ola Group could have significant implications for India's economic development.

💡Cultural Expression

Cultural expression involves the ways in which a society's values, beliefs, and traditions are communicated and manifested. The video discusses the importance of building AI that not only contributes to economic growth but also preserves and promotes cultural expression, ensuring that AI development is culturally sensitive and relevant.

💡AI Supercomputer

An AI supercomputer is a high-performance computing system specifically designed to handle the complex computations required for AI applications. The video mentions the ambition to create India's first AI supercomputer, which would be a significant milestone in the country's technological advancement and AI capabilities.

💡Cloud Infrastructure

Cloud infrastructure refers to the hardware and services that support the delivery of cloud computing. In the context of the video, it is part of the full stack development approach that the Ola Group is taking to build AI, which includes training AI models on Indian languages and creating sustainable, low-cost energy solutions.

💡Silicon Design

Silicon design pertains to the process of creating integrated circuits or microchips, which are the foundational components of electronic devices. The video highlights the importance of designing silicon in India as part of the group's strategy to build a comprehensive AI ecosystem that is cost-effective and tailored to local needs.

💡Strategic Collaboration

Strategic collaboration refers to the process of working together with other entities to achieve common goals in a mutually beneficial way. The video suggests that while each Ola Group company has its own charter, they may collaborate in strategic areas, indicating a cohesive approach to leveraging synergies within the group.

Highlights

Bhavish Agarwal launches the third major Ola Group company, KIM.

KIM stands for 'artificial' in Sanskrit, aligning with India's cultural ethos.

India's vision is to be a $5 trillion economy by 2047, with a focus on leading future technologies, including AI.

Current AI consumption in India is not本土化, and there is a need to build AI that embodies Indian cultural values.

KIM aims to create AI that is affordable for every Indian, with a full stack approach.

KIM's AI models are trained on 22 Indian languages, reflecting the linguistic diversity of the country.

The initiative includes building cloud infrastructure with low-cost sustainable energy.

KIM is also working on Silicon design in India to support the AI ecosystem.

AI will be a foundational layer for all sectors of the economy, redefining them with an AI-first approach.

KIM is funded by Bhavish Agarwal, friends, family, and friendly investors.

The potential of KIM is seen to be larger than Ola Cabs and Ola Electric.

Each Ola Group company has its own charter and strategic collaboration areas.

India's first AI supercomputer is in the works, with a goal to collaborate with Indian and global companies.

The development of the AI supercomputer will take a couple of years.

KIM's vision is for India to contribute to the global AI paradigm.

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