logo
Sarvam AI selected to build indigenous foundational model under IndiaAI Mission

Sarvam AI selected to build indigenous foundational model under IndiaAI Mission

Economic Times26-04-2025

ETtech (L-R) Abhishek Singh, CEO, IndiaAI Mission; S Krishnan, secretary, Meity; Ashwini Vaishnaw, minister, electronics and IT; Vivek Raghavan, cofounder, Sarvam AI; Pratyush Kumar, cofounder, Sarvam AI. Bengaluru-based Sarvam AI is the first startup selected to build an indigenous foundational model under the Rs 10,000 crore IndiaAI Mission, the government announced on Saturday.The model will be completed in six months, said cofounder Vivek Raghavan at an event where the announcement was made.
Sarvam will get access to 4,096 Nvidia H100 graphics processing units (GPU) for six months from the IndiaAI Mission's common compute cluster to train its model, people in the know said.'This model will have 70 billion parameters and many innovations in programming as well as engineering, with which a 70 billion parameter (model) can compete with some of the best in the world,' said union IT minister Ashwini Vaishnaw, explaining the reasons for selecting Sarvam.ET on last Thursday reported that the startup backed by investors such as Lightspeed Venture Partners, Khosla Ventures and Peak XV Partners could be among the first batch of companies to be shortlisted to receive incentives under the IndiaAI Mission to build frontier AI models.
The government has received more than 400 applications to build Indian models.
Capable of reasoning, designed for voice, and fluent in Indian languages, Sarvam's model will be ready for secure, population-scale deployment, the startup said in a statement.As part of the sovereign large language model proposal, Sarvam is developing three model variants, cofounder Pratyush Kumar said. These include Sarvam-Large for advanced reasoning and generation, Sarvam-Small for real-time interactive applications and Sarvam-Edge for compact on-device tasks.
'We are collaborating with AI4Bharat at IIT-Madras, a leader in Indian language AI research, to build these models,' said Kumar. Both Raghavan and Kumar were part of AI4Bharat before branching out to set up the startup in 2023.The multi-modal, multi-scale Indian foundation models will open up a 'universe of applications' for citizens and enterprises, said Raghavan.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mahua Moitra marries ex- BJD MP Pinaki Misra: Who is firebrand TMC leader's husband?
Mahua Moitra marries ex- BJD MP Pinaki Misra: Who is firebrand TMC leader's husband?

Mint

time12 minutes ago

  • Mint

Mahua Moitra marries ex- BJD MP Pinaki Misra: Who is firebrand TMC leader's husband?

It's official now. Trinamool Congress Member of Parliament (MP) Mahua Moitra has married senior Biju Janata Dal (BJD) leader Pinaki Misra. The wedding reportedly took place on May 3 in Germany. Moitra confirmed the wedding in a post on X thanking people for 'love and wishes' Born in 1959, Misra is a known politician who has been an MP four times. He was elected to Lok Sabha from Puri in Odisha for the first time in 1996 when he defeated defeating then-Union Minister Braja Kishore Tripathy. Misra was re-elected again in 2009, 2014 and 2019. A senior Advocate in the Supreme Court of India, Misra has had an illustrious political and legal career spanning nearly three decades. Misra, 65, holds BA(Hons) History from St Stephen's College, Delhi and LLB from Faculty of Law, University of Delhi. Moitra is his second wife. He was earlier married to Sangita Misra and has one daughter and one son. Moitra is his second wife. Misra has been member of the Parliamentary Committee on External Affairs, subordinate legislation and Civil Aviation. Misra specialises in Corporate Law, Foreign Exchange, Customs and Excise Laws, Mining related Laws, Company Laws, Environmental Laws and Constitutional Laws. Misra played soccer, hockey and cricket during school and college days and was captain of St Stephen`s College Football Team. Misra has travelled to over 30 countries so far. In 2013, he travelled to Sri Lanka as part of the Indian Parliamentary delegation led by the Lok Sabha speaker at the Commonwealth Parliamentary Conference. The same year he was in Austria as part of the Indian Parliamentary delegation. The Misra family controled companies including Ocean Grand Resorts and Hotels Pvt. Ltd, Jupiter Estates Pvt. Ltd, White Lily Estates Pvt. Ltd and Janpath Properties Pvt. Ltd. Misra had stakes in Brady Telesoft Pvt. Ltd and WH Brady and Co. Ltd. too. Moitra, a former investment banker, is TMC from Kirshnanagar in West Bengal. Before becoming MP, Moitra served as an MLA from Karimpur before winning the Krishnanagar Lok Sabha seat in 2019 as a TMC candidate. Though expelled from Parliament in 2023 over a controversy, she made a strong comeback by winning again in 2024. Known widely for her viral 'early signs of fascism' speech, Moitra has also held key roles in the party and was previously married to Danish financier Lars Brorson. She later dated advocate Jai Anant Dehadrai. TMC MP Saayoni Ghosh also wished the newly-wed couple. 'Congratulations Mm & Pm… Wishing you a lifetime of love and laughter,' she said.

Nine new DMDs at SBI, 28 CGMs promoted in annual exercise
Nine new DMDs at SBI, 28 CGMs promoted in annual exercise

Time of India

time13 minutes ago

  • Time of India

Nine new DMDs at SBI, 28 CGMs promoted in annual exercise

State Bank of India (SBI), the country's biggest government asset by market value, has promoted nine chief general managers (CGMs) as deputy managing directors (DMDs) in an annual exercise, people familiar with the information said. As many as 28 people have been elevated to the CGM level, similar to the 27 promoted last year, Four out of nine DMDs have already been posted to their respective positions, while five others are waiting for the final order of the department where they will take charge. SBI has 24 DMDs, each handling remits ranging from corporate banking, markets and treasury, recovery, retail, compliance, finance, operations, etc. The names of the new DMDs have already been updated at the bank's website. Rajeev Kumar, who was CGM at the bank's international banking group (IBG) in SBI's Mumbai headquarters, has already taken charge as DMD internal audit at the bank's Hyderabad office. SBI Card CEO, Salila Pande, has also been promoted as DMD and will continue with her current responsibilities she assumed in April. Ramesh Srinivas Rao has taken charge as DMD commercial clients group I (CCG I) from Gulshan Malik, who retired on May 31. Satyendra Kumar Singh has taken charge of CCG II, which was headed by Amitava Chatterjee, who took over as J&K Bank CEO at the end of December 2024. Both CCG I and II services large and medium sized companies (except conglomerates), out of the bank's head office in Mumbai. Rajesh Kumar, who was heading the bank's Hyderabad circle, will take over as DMD, agriculture and SME in the bank's corporate headquarters in Mumbai from Surender Rana, who retires in July. Other CGMs promoted to DMD position are Arvind Kumar Singh, Chander Shekhar Sharma, Parminder Singh and Anindya Sunder Paul. They await portfolios and will take over based on retirements or transfers. The DMDs typically report to managing directors (MDs). SBI has four MDs, each handling corporate banking and subsidiaries, retail and operations, risk, compliance and stressed assets recovery and international banking, markets and technology. The MD portfolios are distributed according to the discretion of the SBI chairman. SBI is India's largest lender with Rs 66.79 lakh crore in total assets, much higher than Rs 39.10 lakh crore of total assets of HDFC Bank , its nearest rival, as of March 2025. With more than 22,500 branches and 63,580 ATMs across India, it has the widest network in the country. Economic Times WhatsApp channel )

Apple gives Tata India iPhone repair business as partnership expands, sources say
Apple gives Tata India iPhone repair business as partnership expands, sources say

Time of India

time17 minutes ago

  • Time of India

Apple gives Tata India iPhone repair business as partnership expands, sources say

Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market, signalling the Indian conglomerate's deepening role in the U.S. tech giant's supply chain, two people familiar with the matter said. As Apple looks beyond China for manufacturing, Tata has fast emerged as its key supplier and already assembles iPhones for local and foreign markets at three facilities in south India, with one of them also making some iPhone components. In its latest partnership expansion, Tata is taking over the mandate from an Indian unit of Taiwan's Wistron, ICT Service Management Solutions, and will carry out such after-sales repairs from its Karnataka iPhone assembly campus, both sources said. The market for repairs is only going to boom in India, the world's second-biggest smartphone market, as iPhone sales skyrocket. Counterpoint Research estimates around 11 million iPhones were sold in India last year, giving Apple a 7 per cent market share, compared to just 1 per cent in 2020. The latest contract award signals Apple's growing confidence on Tata as it hopes to win more business from the world's most valuable smartphone company. "Tata's deepening partnership with Apple could also pave the groundwork for Apple directly selling refurbished devices in India, like how it does in the United States currently," said Prabhu Ram, a vice president at Cybermedia Research. The takeover from ICT by Tata is currently ongoing, both sources said, who declined to be named as they were not authorized to speak on the matter. Apple and Wistron did not respond to requests for comment, while a spokesperson for Tata declined to comment. While Apple's official service centres across India can do basic repairs, they would now ship phones and laptops to Tata's facility for more complex issues. Wistron's ICT however will continue to service other clients excluding Apple, one of the sources said. Amid an impending threat of U.S. President Donald Trump's tariffs on China, India is also emerging as a favoured destination for iPhone exports. Apple CEO Tim Cook has said the bulk of iPhones sold in the United States during June quarter will be made at factories in India.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store