Biggest beneficiaries of AI will be incumbent which have embraced AI like Microsoft, google, Tesla & Nvidia along with very very few startups like OpenAI, Anthropic, huggingface.

@AGIcoming I must say that I completely agree with this. The barrier to entries are too high and any advantage stems from having insane first movers advantage so that everyone has to catch up to you.

Product Manager

Software Engineer

Most of this gpt wrapper will go bankrupt . once openAi start charges extra money for their api.

There are multiple companies worldwide leading the forefront of AI, with inovative strides in GPTs, Multi Agent models, GANs etc. However, most Indian AI startups are not working on the cutting edg...

There are multiple companies worldwide leading the forefront of AI, with inovative strides in GPTs, Multi Agent models, GANs etc. However, most Indian AI startups are not working on the cutting edge. Rather, most of them are building wrappers around GPT-4 for a consumer experience.

With the lack of any meaningful innovation within this space, is it unreasonable for Indian founders to raise on similar multiples as our counterparts in the west?

Because honestly? I can see a lot of "crypto-nerd" founders shilling the new oil called "AI" after their previous NFT/crypto/ICO-crap didn't float.

[Thread] Will AI in India be the next Crypto?

[Thread] Will AI in India be the next Crypto?- Grapevine

Welcome to Indian Startups's Private Community

I've been curious about whether there are any good Indian startups in the AI field that are not building "tools" like meeting summary or anything of that sort. But more like research based such as OpenAI, Anthropic, Midjourney, etc.
They could be early stage or late stage, doesn't matter. Have you guys seen any around you with potential?

Any good Indian AI startups?

Founder

Why India lags behind in AI

We’ll be able to move mountains once we stop obsessing with IITians. They work their asses off to get into IITs to get high paying jobs, it’s as simple as that. Train tier-2,3 college students who have nothing to lose. You’ll achieve 100x more optimal results with 100x less investment.

Product Designer

Product Owner

Welcome to Software Engineers's Private Community

Software Engineer -  Cognition ($21M+)
Software Engineer -  Magic ($145M+)
Product Manager - Version Lens ($1.6M)
Data Scientist - TextQL ($4.1M)
Data Analyst - Fluent ($7.5M)
Chief of Staff - Mindy ($6M)
Universal Employee - Ema ($25M)
Financial Analyst - Finpilot ($4.5M)
Financial Analyst - Rogo ($7.5M)
Compliance - Norm Ai ($11.1M)
Receptionist - Arini ($0.5M)
Loan Officer - Casca ($3.9M)
Hotel Concierge - Runnr ($1.2M)
Designer - SevnAI ($0.5M)
Customer Support - Sierra ($110M)
Customer Support - Rasa ($70M)

List of  AI startups who raised funds in just 2024 focused on automating a particular white collar job

Could be large company like Infosys or some startups

AGI- Is any company working towards achieving AGI in India?

Business Development Manager

Hey everyone,

We've got an exciting journey ahead, and we're at a crossroads. Our AI startup is all set to take off, but we're fighting with an important question: should we seek funding for our startup ?

Here's the scoop: Our team is hard at work on a game-changing problem-solving service platform. Right now, we've got the skills to create the entire product, but most of us are Python enthusiasts, and we could use some extra hands with diverse talents to take our venture to the next level, which do require funding.

The story behind our decision to dive into the startup world is the success of our previous project. It gained some impressive traction, fueling our desire to turn it into a startup. But there's a hurdle on the horizon - funding. And also the investment landscape is in a bit of a winter chill right now. And we don't know much about the process of funding 😕. 

feel free to drop your advice in the comments below.

Should I look for funding for my AI startup ?

UX/UI Designer

Welcome to Business Roles's Private Community

Best Indian Startups in Gen AI space?

Growth Manager

Welcome to Data Scientists's Private Community

Because every Santa-Banta startup has started to pitch AI wrappers to me over the last so many month.

What is wrong with people who pitch AI startups but they are really AI wrappers?

Software Developer

99% of AI companies

What would happen to all the AI startups that are raising massive rounds at insane valuations once OpenAI improves GPT-4 (some spicy rumours are going around) or comes up with GPT-5?

Most of these "AI" startups are just a wrapper around these existing, capable LLMs. Better versions of these LLMs would start generalising more and doing those specific functions done by these startups much better.

Future of GPT-wrapper "AI" startups

What are some of the latest AI Startups in India solving some unique problems ?

Is it another crypto? 😜 or is the hype real?

Which startups are working on Generative AI?

https://youtu.be/lUp5xKvGzDw?si=GVh3pdYnu2uwpVDS

Not sure of the authencity of the video. But look at the scale of use of tech.

China is ahead at AI/Robotics/Tech adoption

Most AI startups

Welcome to News Discussion's Private Community

Anyone experienced with Deeptech startups, how is the quality of work and development?

Do you agree with this?

Associate Product Manager

Dude wants to desperately invest in AI Indian startups...

A nice read for ai enthusiasts

Kunal having AI fomo

Senior Consultant

Here's a summary from Perplexity of the key points from the best video on AI that I have seen recently:

Excessive Spending: Major tech companies like Meta, Google, and Amazon have significantly increased their capital expenditure (capex) to build AI infrastructure and stay competitive in the rapidly evolving AI landscape.
Low Returns: Despite the enormous investments, the returns on these AI investments are not yet matching the level of spending, creating a potentially unsustainable situation.

Microsoft's Investments: The video specifically mentions Microsoft's substantial investments in AI, including a $13 billion investment in OpenAI.

Contrasting Partnerships: An interesting point raised is that while Microsoft invested heavily in OpenAI, Apple reportedly secured a partnership with the same company for free just 18 months later, suggesting potential inefficiencies in how companies are approaching AI partnerships and investments.

Industry-wide Concern: The video suggests that this pattern of high spending and low returns is not limited to a few companies but is a broader trend in the AI industry.

Future Implications: The "time bomb" metaphor implies that if this trend continues, it could lead to significant financial challenges for companies heavily invested in AI development.

There’s a time bomb ticking in the AI space: spending is too high, and returns are too low. Megacaps like Meta, Google and Amazon have seen capex spending su...

AI's trillion dollar time bomb

AI is a Trillion Dollar time bomb [CNBC]

Humans mind are not trained to understand exponential nature of any trend.... Currently people are mocking AI because current models are not that good. However people are unable to see the double exponential trend with which AI is improving without any slowing down of scaling laws...Ray Kurzweil was indeed right! 

Hence it would be more prudent to plan a career  path not by keeping capabilities of current models of AI in mind 
but by understanding how capable AI models would become in 2-3 years.

Gemini Pro 1.5 launched! New model just a week after launch of Gemini Ultra 1.0.Has 10M token context window, can perceive and answer questions about 10 hours of video, or 100 hours of audio, or 300K lines of code...

- Mukund Jha, co-founder and former CTO of Dunzo, is in discussions to secure Rs 50-80 crore from Together Fund for his new generative AI startup.
- This fundraising effort follows Jha's departure from the financially troubled Dunzo in October 2023, as reported by Moneycontrol.
- The trend of top executives leaving established startups to launch their own ventures is gaining traction, appealing to both operators and investors.
- Jha's new venture aims to merge AI and SaaS to automate quality assurance processes, according to sources familiar with the matter.
- Despite Dunzo's denial of Jha's exit, insiders reveal he has stepped back from daily operations, with a formal announcement expected soon. 

 Source: Moneycontrol

Mukund Jha, Dunzo co-founder and CTO, in Talks to Raise Rs 80 Crore for New Gen AI Startup

Journalist

What's up with the HR-Tech folks? 
Anything cooking in this industry

Recruitment is a 200 yr+ old industry
- Why are only a few B2B startups in this space? (Zoho, GreytHR.. 
- Can this industry get rid of Agencies?
- What USP can help in this space?

Anyone who can help get insights?

[Thread] Will AI in India be the next Crypto?

Discover More

Indian Startups on

by Jordon Carmden

Founder

Any good Indian AI startups?

Indian Startups on

by Matilda Everett

Stealth

Why India lags behind in AI

Software Engineers on

by Kalan Carmden

Google

List of AI startups who raised funds in just 2024 focused on automating a particular white collar job

Indian Startups on

by Dezi Everett

Stealth

AGI- Is any company working towards achieving AGI in India?

Indian Startups on

by Isaiah Nadeen

Google

Should I look for funding for my AI startup ?

Business Roles on

by Jordon Everett

Upgrad

Best Indian Startups in Gen AI space?

Data Scientists on

by Anise Denver

Venture Capital

What is wrong with people who pitch AI startups but they are really AI wrappers?

Memes on

by Jordon Lee

InMobi

99% of AI companies

Software Engineers on

by Jordon Carmden

Startup

Future of GPT-wrapper "AI" startups

Indian Startups on

by Dezi Carmden

Molex

What are some of the latest AI Startups in India solving some unique problems ?

Indian Startups on

by Matilda Lee

Student

Which startups are working on Generative AI?

Misc on

by Jordon Lee

Stealth

China is ahead at AI/Robotics/Tech adoption

Memes on

by Anise Taye

Remote

Most AI startups

News Discussion on

by Kendall Taye

Stealth

Do you agree with this?

Indian Startups on

by Coy Everett

TCS

Kunal having AI fomo

Indian Startups on

by Aaron Taye

Microsoft

AI is a Trillion Dollar time bomb [CNBC]

Software Engineers on

by Jordon Hyrum

Google

Gemini Pro 1.5 launched! New model just a week after launch of Gemini Ultra 1.0.Has 10M token context window, can perceive and answer questions about 10 hours of video, or 100 hours of audio, or 300K lines of code...

News Discussion on

by Dezi Lee

Grapevine

Mukund Jha, Dunzo co-founder and CTO, in Talks to Raise Rs 80 Crore for New Gen AI Startup

Indian Startups on

by Matilda Gabriel

Stealth

Is Recruitment-Tech dead?