Krutrim to Release AI Chips by 2026
On Thursday, Ola co-founder and CEO Bhavish Aggarwal stated that India must establish its future on its own terms in order to dominate the technologies of the future, specifically mentioning artificial intelligence (AI).
At a press conference in Hosur, where new products were unveiled by Ola's electric vehicle, cab, and artificial intelligence divisions, he predicted that the company would "simply end up becoming monthly active user farms for global companies" if current trends carry on.
Ola will soon open a battery manufacturing facility in Hosur in addition to its electric vehicle (EV) factory.
Krutrim, an artificial intelligence division of the Bengaluru-based business, plans to produce India's first AI silicon chip by the year 2026. The likes of Intel, Nvidia, and AMD will be up against Ola if it succeeds. Not only that, but Amazon, Meta, Google, and Apple are all developing their own artificial intelligence CPUs.
Joining Hands with Global Majors
In order to construct the chips, Ola established strategic alliances with multinational powerhouses including ARM, a chip design firm, and Untether AI, an artificial intelligence firm based in Canada. A video message was played at the Hosur ceremony by ARM CEO Rene Haas, who expressed his joy at the partnership with Ola Krutrim.
The Bodhi AI chip, the Sarv general-purpose CPU, and the Ojas edge-computing CPU are all part of Krutrim's first family of semiconductors. The creation of AI systems that are both quicker and more efficient is anticipated to be made possible by the AI chip.
As an additional resource for the developer community, Krutrim has introduced Krutrim Cloud, which offers general-purpose and AI capabilities along with a variety of AI services designed specifically for product development. Until Diwali, it has offered these data centre services—worth INR 100 crore—to developers and businesses at no cost.
Transferring the Name and Expanding Ola Cabs
Ola Consumer is the new name for Aggarwal's initial ride-sharing company, Ola Cabs. Further cities will be added to the business's reach.
For all ONDC vendors, including startups and SMEs, Ola Consumer is offering a free year of Krutrim Cloud. In addition, Krutrim Cloud will provide direct-to-consumer brands with free access for a year.
In a test program that ended this year, Ola Food & Grocery on ONDC exceeded 40,000 orders daily in Bengaluru.
A completely automated dark store the size of a shipping container was on display, and the business intends to produce these at large. According to Aggarwal, the containers have the capacity to process 7–10,000 orders every day. Any online store can utilise this for inventory management and shipping purposes. Bombay Shaving firm, ITC, and Marico are all partners in this, according to the firm.
These ready-made dark shopfronts could find a lot of success in India's booming e-commerce market.
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