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Ola to launch India’s first AI chip by 2026
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.Read more
India can do with AI what China did to manufacturing; Ola CEO Bhavish Aggarwal
According to the latest IDC report, spending on AI and generative AI (GenAI) in India is projected to reach $6 billion by 2027, growing at a compound annual growth rate (CAGR) of 33.7%.Read more
Unicorn Ola Electric develops solid-state battery
Ola Electric plans to supply these cells to other electric vehicle manufacturers and renewable energy firms. Read more
Ola to use Siemens’ digital solution to build Rs 24 bn EV facility in India
With an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world. It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and ANZ.Read more