Produced by: Tarun Mishra Designed by: Manoj Kumar
As we approach the one-year milestone since the launch of ChatGPT, the impact of generative artificial intelligence (Gen AI) model has resonated globally, sparking discussions on its mechanics, applications, ethics, and the potential for cost-effective large-scale model training. Let’s take a closer look at the developments within India that reveals initiatives by key companies in the artificial intelligence landscape.
TESA is an annotation platform infused with AI capabilities. It has been created by TATA Elxsi, a design and technology services company. TATA Elxsi claims that TESA makes it easier for machine learning models process data by creating realistic simulations of real-world situations.
TATA Technologies, a product engineering company, is using artificial intelligence and machine learning to improve its manufacturing processes. The company has said that current developments involve adopting AI technologies aimed at minimising downtime on production capabilities and ecological impact.
Canvas.ai is an enterprise-ready platform by LTI Mindtree. It is built to help clients navigate and implement Gen AI solutions into their workflow. According to the company, the strategic goal is focused on tool-building, providing more support to developers by the introducing Canvas Lite.
Paytm has introduced Paytm Intelligence (Pi), a dedicated unit within its subsidiary, Paytm Labs, in Canada. According to the company, this innovation and development hub is focused on technologies like artificial intelligence (AI) and machine learning to craft advanced financial products. One of the offerings from the Pi innovation lab is the Fraud Risk Management (FRM) platform.
In July, Wipro, the Indian tech services and consulting giant, launched Wipro ai360, an innovative AI-first ecosystem. The company claims that this initiative has been built on Wipro's decade-long AI investments. Wipro ai360 is an ecosystem of tools that aims to integrate AI into every platform, tool, and solution used internally in Wipro and offered to clients. Wipro's innovation hub, Lab45, plays a pivotal role in providing talent, training, scale, and co-innovation capabilities to accelerate AI adoption for clients.
The financial solution company, Razorpay said that it has integrated AI into its system for processing and parsing extensive datasets, optimising payment processes. The AI-powered payments routing system acts as a shield against substantial annual losses due to transaction failures, with a capacity to handle over 5,000 online transactions per second.
Happiest Minds, a digital transformation IT consulting and services company, claims that it uses AI through a dedicated business unit, upskilling employees in Gen AI concepts. In collaboration with Microsoft, the company identifies and capitalises on over 100 use cases for large language models.
Persistent Systems is a multinational technology services company based in India. They use a special kind of mobile network technology called MANET. When the parts of this network (called nodes) move around, it causes issues. However, they use Artificial Intelligence (AI) to fix these problems.
HCL Max is an Artificial Intelligence (AI) solution developed by HCL Technologies. It uses natural language processing, machine learning, and intelligent automation to enhance interactions, provide valuable consumer insights, and improve processes.
As per company's official website, Infosys Topaz is an AI-driven suite comprising services, solutions, and platforms. It aims to amplify human, enterprise, and community potential, through innovative solutions, efficient processes, and interconnected ecosystems. Essentially, it can help businesses grow faster, connect with others, and work more efficiently.
Ola CEO Bhavish Aggarwal on Monday said that the company is venturing into the AI space with a new project. Ola aims to compete with OpenAI and Google by developing an AI Chat app. Aggarwal has introduced 'Krutrim,' an AI company registered earlier this year. He sought input from followers on X about desired features for an AI chat app, particularly from the perspective of Indian AI users.
Induced AI, an Indian startup founded this year, transforms plain English workflow instructions into pseudo-code for handling of repetitive tasks. Utilizing Chromium-based browsers, the platform enables human-like interaction with websites, even without an API. With support from figures like Sam Altman, Peak XV and Nat Friedman, the startup aims to revolutionize business automation.