Schedule a Call Back
Ola to launch India’s first AI chip by 2026
Industry News- Aug 19,24
Ola’s AI subsidiary, Krutrim, is spearheading the development of this AI chip, which, if successful, will position Ola as a competitor to industry giants like Nvidia, AMD, and Intel. Global tech leaders such as Meta, Google, Apple, and Amazon are also in the race to develop proprietary AI chips.
Bhavish Aggarwal, Co-founder and CEO, Ola, announced that the company plans to launch India’s first AI silicon chip within two years, emphasising the importance of AI sovereignty for the country. "India needs to build its technological future on its own terms," Aggarwal said, warning that otherwise, the nation risks becoming merely a user base for global tech companies.
Ola’s AI subsidiary, Krutrim, is spearheading the development of this AI chip, which, if successful, will position Ola as a competitor to industry giants like Nvidia, AMD, and Intel. Global tech leaders such as Meta, Google, Apple, and Amazon are also in the race to develop proprietary AI chips.
Ola has entered strategic partnerships with global companies including chip design firm ARM and Canadian AI company Untether AI, to facilitate the development of this AI chip, which is expected to power faster and more efficient AI systems. Aggarwal mentioned that the company is currently evaluating potential foundries, with a focus on Tier I or II global foundries. He highlighted Taiwan and South Korea as leaders in the field, noting that Taiwan's ecosystem is particularly interested in collaborating with India.
In addition to the AI chip, Krutrim has launched Krutrim Cloud, which offers both AI and general-purpose capabilities along with a suite of AI services for developers. These data center services, valued at Rs 1 billion, will be available free of charge to developers and enterprises until Diwali.
New motorcycles
Ola Electric Mobility also introduced its first range of electric motorcycles, which are expected to be delivered starting in the fourth quarter of the current financial year. The company plans to integrate its homegrown Bharat 4680 cell into its vehicles by the first quarter of the fiscal year ending March 2026. This cell, currently in trial production at Ola’s Gigafactory, will be the first of its kind in India.
Rebranding
In a significant move, Ola Cabs, the company’s ride-sharing business, has been rebranded as Ola Consumer and will expand to new cities. As part of this rebranding, Ola is offering one year of free access to Krutrim Cloud for all ONDC (Open Network for Digital Commerce) suppliers, including startups and small and medium enterprises. Direct-to-consumer (D2C) brands will also benefit from a year of free access.
(ET)
Related Stories
Automation & Robotics
AI with a heart: Why machines need a human touch to make smarter decisions
As AI models become more complex, their true potential can only be unlocked through human insight, ethics, and creativity—ensuring decisions are context-aware, fair, and empathetic, writes Srikuma..
Read moreElectrical & Electronics
Building the energy workforce of the future: Technological skills and leadership
The Climate Change Committee projects that by 2030, low-carbon industries could create between 135,000 and 725,000 new jobs. The energy industry will need a workforce that’s tech-smart, adaptable,..
Read moreElectrical & Electronics
Continental Petroleums bags order for power distribution project in Rajasthan
Jaipur Vidyut Vitran Nigam Limited has awarded the Rs 326.4 million order to Continental Petroleums for development of distribution infrastructure work for segregation of 11KV mixed feeders at Jhala..
Read moreRelated Products
Geared Electric Motors
ELECTRICAL & ELECTRONIC EQUIPMENT
Delco Fans Pvt Ltd offers single phase capacitor run and three
phase geared Instrument motors, totally enclosed face/foot mounted.
“Kusam-Keco” Partial Discharge Acoustic Imager - Model - Km-pdai
ELECTRICAL & ELECTRONIC EQUIPMENT
‘Kusam-Meco’ has introduced a new “Partial Discharge Acoustic Imager Model KM-PDAI.
78 Series Din Rail Terminal Blocks
ELECTRICAL & ELECTRONIC EQUIPMENT
Werner Electric Private Limited offers a wide range of 78 series din rail terminal blocks.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
