Published 20:09 IST, October 26th 2024
Indian startup launches new Gen AI foundational model, claims it's India's first
Hanooman AI is among several companies that have announced new or renewed partnerships with American chip manufacturing giant, Nvidia during the event.
Hanooman AI has announced the launch of Everest 1.0, claiming it is India’s first multi-lingual and multi-modal foundational LLM, at the Nvidia AI Summit held at the Jio World Center in Mumbai. The company said Everest 1.0 AI (artificial intelligence) model supports 35 languages, but it plans to extend this to 90 languages in the coming months. It is designed to handle a wide range of tasks, including text generation, image creation, code writing, voice generation, and document analysis. The platform is currently deployed on Yotta infrastructure and leverages the latest Nvidia GPUs to train its models, ensuring top-tier performance and efficiency.
The Indian AI startup is among several companies that have announced new or renewed partnerships with American chip manufacturing giant, Nvidia during the event.
Beyond Everest 1.0, Hanooman AI said it has developed a complete AI platform that provides a robust infrastructure for deploying compute resources, deploying generative AI LLM models, creating AI agents, and integrating a vast array of workflows and APIs. “This platform empowers anyone, from individual developers to large enterprises, to build no-code agents and applications, deploy them, and train custom models using their own data,” said the company in a release. “This democratisation of AI technology ensures data sovereignty and security, particularly crucial for sectors such as BFSI (Banking, Financial Services, and Insurance), defense, space research, cybersecurity, and government institutions.”
Dr Vishnu Vardhan, Founder & CEO of Hanooman AI, said, “We have been living and breathing this dream of making India the Gen AI factory of the world, and with Everest 1.0, this vision is now closer to reality. By reducing the cost of generative AI by a factor of 10, we are enabling the creation of millions of jobs and fostering a new era of innovation and growth. Hanooman AI's success is a testament to the dedication and expertise of its team.”
Updated 20:09 IST, October 26th 2024