Krutrim has become a unicorn after securing $50m in funding, making it the first Indian AI startup with a valuation of $1bn. It seems like an extremely overvalued company being built yet again. Thoughts?
Got to give it to the man. Saw him at Araku a while back and he sure has the suave and intellect to sell a vision+build in a country where it is nearly impossible to innovate and compete at a global scale
Did you talk to him? What about him led you to this conclusion?
You sure man? He never seemed like the charmer to me
Been working on using and fine-tuning LLMs for last 6 months... trust me you don't have a moat if USP of your LLM is better regionality ... a couple of teens with access to reasonable compute and vast amount of regional scrapped data is one huggingface SFT/DPO notebook away to make this product obsolete.
I'm personally really skeptikal about this unicorn.
Fully agree. A llm is as good as the datasets its trained on. What makes them so resourceful about regional data that we don't have access to?
most likely customer service or driver interaction logs from ola's other products. collected along 5 to 6yrs ...that can give one a headstart but that's certainly isn't their moat.
https://olakrutrim.com/ for sure overhyped
Why do you say that? Curious
Overpromise, under deliver. We’ll see how it plays out
This is false news. I have founded the fastest unicorn of 2024. Just this morning I founded a startup called "Oonikorny" and my brother invested Rs 100 for 0.0000000001% stake thus making this the fastest 1 billion dollar company. Took me 2 hrs only. More investors welcome
I did the same except it only took 1 min for the Investment .. now I’m the fastest 😜
It will always make sense for an early investor to invest in top founders - likely to deliver a couple more rounds.
Not very bullish on Krutrim when I’ve stopped using ChatGPT. They will always be followers in terms of product and Open AI but could make it into a local large business? Let’s see.
Really good perspective here
Sasta Elon! Also wtf is wrong with the VCs
Ah shit, here we go again.
Another round of bullshit valuations with no worthwhile tech behind them.
VCs smoking cheap weed nowadays 🤡
