| | | | | | Hey there! Your AI Memelord, Mohit Pandey, is back again! In today’s edition of Sector 6, we will figure out whether building Perplexity AI could have been possible in India, given the lack of funding within the country. | | | | | | | | Perplexity AI had raised $15 million in its seed funding round when it was just a six-month old company. Besides, it did not spend time training its own AI model, but instead chose to build a fantastic Google Search competitor around the existing LLMs in the market. | | | | | | | Regarding the funding, Abhishek Upperwal, the founder of Soket AI Labs told us that an ideal amount to do a lot of foundational work in AI at the seed stage is anywhere around $7-15 million. Since, Aravind Srinivas and his team had raised that sort of amount and did not even train an LLM of their own, it would have been possible to raise the rounds here in India instead of going to the Bay Area. | | | | | Because India is Not for Beginners | | | | | Having left OpenAI to start Perplexity, Srinivas definitely does not qualify as a beginner. However, starting an AI company in India is a tough nut to crack even for seasoned professionals. Look at Krutrim, Sarvam, and all these other companies trying to raise a series of rounds just to make a decent LLM for India. Besides, Perplexity’s product is adored by people. Backed by NVIDIA and Jeff Bezos, the company is loved by many AI veterans too. The limelight it got could be attributed to the fact that Srinivas started the AI company in the US to compete with Google. It would have been almost impossible to achieve that in India. Take the case of OpenAI’s recent acquisition of Rockset, a data analytics company co-founded in 2016 by former Meta engineers Dhruba Borthakur and Venkat Venkataramani. Yes, both the founders are from India, but decided to build a data analytics company in the US. | | | | | | | Now, they are part of OpenAI. | | | | | Meanwhile, India Has its Own Perplexity | | | | | Though Srinivas did not build Perplexity in India, he has definitely motivated many to build something like that here. Vishnu Ramesh, the founder & CEO of Subtl.ai, a company which is coincidentally also building a ‘private Perplexity for enterprise’, said that several times, he has also re-evaluated the thought of starting his company in Hyderabad, instead of the US. | | | | | | | He explains that since Google, Meta, and OpenAI have all originated at the same place, it gives investors a sense of confidence when putting their money into startups born there. “Once India has its Google moment, I think the scene should change,” he added. TWO.AI, a company backed by Jio, has released a product called Geniya, which can browse data from the internet using Google. Pranav Mistry, the founder of TWO.AI, said that unlike Perplexity AI, Geniya is still in public beta and users can try it out, but it has not achieved as much traction as Perplexity yet. PAiGPT is another product similar to Perplexity AI’s search. The app’s USP is its ability to fetch real-time information on various topics and current affairs, ideal for the preparation of civil services examinations. | | | | | India needs to move away LLMs | | | | | AI and LLMs are getting synonymous with each passing day. That is why it is time for Indians to move beyond LLM research. When Yann LeCun told students to not work on LLMs, it was well received by everyone in the field. Now, even Indian researchers are emphasising on the same. | | | | | | | Raj Dabre, a researcher at NICT in Kyoto and adjunct faculty at IIT Madras, echoed the same. “If you’re a student or an academic dreaming of making LLMs for Indian languages, stop wasting your time. You’re not going to make it,” he said. “Wasting all that time and compute to get a 7B LLM to the same few-shot classification performance as a 200M parameter Bert, but with terrible performance for actual generative tasks only proves that you don’t know what you are doing,” said Dabre. | | | | | | | | | OpenAI has acquired a startup called Multi to build the ChatGPT desktop app. Databricks VP of GenAI recently praised Sam Altman for turning OpenAI into a profitable product company. Mumbai-based mapping company Genesys International has announced the launch of India’s first AI-powered navigation maps tailored specifically for the automotive and mobility sectors. Meta has announced the launch of its AI assistant, Meta AI, across WhatsApp, Facebook, Instagram and Messenger in India. Mustafa Suleyman said that it won’t be until GPT-6 in 2 years time that AI models will be able to follow instructions and take consistent action. | | | | | Intuit's WiDS 2024: Celebrating Women's Achievements in Data Science | | | | | | | WiDS 2024 by Intuit is all set to empower and elevate women working in data science. Attend this one-day in-person conference to learn from and network with peers. | | | | | | | | | Cypher 2024 marks a significant expansion as it celebrates its 8th edition by branching out to the USA in addition to its already established presence in India. Browse through the links below to learn more about the different editions of Cypher 2024. These links will guide you to comprehensive event information, including agendas, speakers, registration details, and more. | | | | | Enjoying Sector 6 (formerly AIM Daily XO)? Share it with colleagues or friends – they can sign up here. We love hearing from our readers! Have thoughts on our new format? Questions, comments, or ideas are always welcome. If there’s a specific topic in AI or analytics that you're curious about, tell us! Reach out to us at info@analyticsindiamag.com. Stay tuned for more insights in our next edition!
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