RT team
India is rapidly emerging as a major hub for artificial intelligence, driven by its vibrant startup ecosystem that caters to a diverse, multilingual population while extending its reach globally.
The nation ranks among the top six worldwide in adopting generative AI, boasting a significant rise in its startup community—from fewer than 500 in 2016 to over 100,000 currently. Among these, over 2,000 startups are part of NVIDIA Inception, a program that enhances innovation with access to technical training, market support, and connections to venture capitalists through the Inception VC Alliance.
During the NVIDIA AI Summit in Mumbai, which lasts until October 25, about 50 local startups are presenting AI-driven solutions across various sectors including customer service, sports media, healthcare, and robotics. These innovations are displayed in the Startup Pavilion and discussed in panels and pitch sessions at the event. Additionally, startups have the chance to gain insights from venture capitalists about upcoming innovations during a reverse pitch session.
Highlight on Conversational AI: Bengaluru-based CoRover.ai
CoRover.ai, a standout at the summit, manages a conversational AI platform that supports over a billion users. It leverages NVIDIA’s AI technology to power large language models for text, audio, and video interactions, enhancing services for vast clientele like the Indian Railway Catering and Tourism Corporation. Their flagship chatbot, AskDISHA, handles daily queries in multiple languages, significantly boosting customer satisfaction and efficiency.
Revolutionizing Sports Media: VideoVerse
VideoVerse from Mumbai, with global offices, revolutionizes content creation in sports media. Using AI, it enables sports leagues worldwide to produce game highlights much faster, helping niche sports increase their visibility and fan base. Their AI models, optimized for diverse media formats, run on NVIDIA’s robust hardware, ensuring quality and efficiency.
Boosting Enterprise Efficiency: Mumbai’s Fluid AI
Fluid AI offers AI-driven solutions to enhance enterprise operations, from customer service to sales. Their tools, developed with NVIDIA’s technology, enable real-time, accurate data processing, significantly improving productivity and responsiveness.
Empowering Communities: Bengaluru’s Karya
Karya provides digital work opportunities to low-income communities in India, helping develop AI tools that cater to multilingual users. The platform not only improves participants’ livelihoods but also aids in the creation of diverse AI models, collaborating with global initiatives like those of the Bill and Melinda Gates Foundation.
These examples underscore India’s dynamic role in the global AI landscape, showcasing the potential of startups to drive technological and economic growth on an international scale.
Source: NVIDIA Blog
