| | MARCH 20258Together with Lenovo, Ola's artificial intelligence venture, Krutrim, is creating the 700 billion-parameter large language model (LLM) known as Krutrim 3.To support its AI projects, the business is also constructing the biggest supercomputer in India.This is just a month after Bhavish Aggarwal, the founder of Ola, declared that he will invest Rs 2,000 crore in his AI project, with an additional Rs 10,000 crore pledged by the following year.Ola is also establishing a lab for AI research. It is also developing its own AI processors and cloud infrastructure in the interim.At the Lenovo event in Mumbai, Navendu Agarwal, Chief Information Officer at Ola, announced the news, saying that Krutrim 3 will be India's response to the global AI race.At the moment, the company has 700 people working on AI research and development.Since its start, Krutrim has introduced two open-source AI models: Krutrim 1, which had seven billion parameters and was released in late 2023, and Krutrim 2, which had twelve billion parameters.To lessen dependency on other technology, the business has emphasized the necessity for India to build its own hyperscale AI infrastructure and sovereign cloud.Along with using GB200 superchips in partnership with the massive American semiconductor company Nvidia, Krutrim is also creating its own AI chip as part of this approach. In order to improve data privacy and save training expenses, the company previously installed AI models from Chinese startup DeepSeek on its domestic servers.Bhavish Aggarwal used social media to highlight the importance of the most recent advancements, claiming that India requires extensive AI infrastructure in order to compete globally. He also asked for ideas on the future supercomputer's name. Maruti Suzuki India Limited (MSIL) signs Memorandum of Understanding (MoU) with Hero FinCorp Limited to enhance financing options for both new and pre-owned car buyers.The partnership aims to leverage Maruti Suzuki's vast dealership network and Hero FinCorp's customized financial solutions to make car ownership more accessible, according to reports.Senior representatives from both businesses, including Vishal Sharma, General Manager, Maruti Suzuki Finance & Driving School; Kamal Mahtta, Vice President, Allied Business; and Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki, were present as the agreement was formally signed.Representing Hero FinCorp were MD & CEO Abhimanyu Munjal and other senior executives.Partho Banerjee says that with this partnership, Maruti Suzuki aims to enhance its financing ecosystem, catering to a diverse customer base across India."With this tie-up, MSIL today has over 40 retail finance partners for our customers to choose from, giving them a wide array of finance options to suit their varied needs," adds Partho.Highlighting Hero FinCorp's commitment to financial inclusion, Abhimanyu Munjal says that Hero FinCorp is on a mission to fuel the country's aspirations."This partnership with Maruti Suzuki takes us a step further towards making car ownership easier, more accessible, and truly hassle-free for every Indian. As India trades up, our deep reach in Tier 2, Tier 3 cities, and beyond, combined with seamless digital journeys powered by proprietary tech capabilities, ensures that we continue Empowering Every Indian's Dream of Upward Mobility," says Abhimanyu. OLA'S KRUTRIM, LENOVO TEAM UP TO CREATE 700 BILLION PARAMETER LLM MODELMARUTI SUZUKI INDIA LIMITED SIGNS MOU WITH HERO FINCORP LIMITEDIN FOCUSIN FOCUS | | MARCH 20258
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