Ola Graduate Fellowship Program for AI Researchers.

In a groundbreaking move to bolster India's strides in Artificial Intelligence (AI), Bhavish Aggarwal, the visionary founder of Ola, unveiled the "Ola Graduate Fellowship Program" during a compelling address to a gathering of more than 3000 students at IIT Bombay. The program, set to kick off with a dedicated focus on AI researchers at IIT Bombay, is designed to expand its influence across diverse engineering disciplines and aims to reach students in top educational institutions nationwide.

Aggarwal expressed his enthusiasm about India's pivotal role in the global AI revolution, stating, "AI will transform everything, from economy to culture. Today, India is at the ground zero of a massive AI revolution. India has its own unique challenges opportunities and context, and hence we have to build our own AI. And we at Ola are committed to making the best AI in the world," in a LinkedIn post.

The Ola Graduate Fellowship Program aligns with Aggarwal's commitment to cultivating young minds and contributing to India's pursuit of global leadership in AI. The inclusive initiative will provide a platform for students from various backgrounds to delve into the realm of artificial intelligence.

Aggarwal, who recently made headlines with his AI startup, Krutrim, announced a monumental milestone for the company. Krutrim, derived from the Sanskrit word for "artificial," has secured $50 million in funding at a valuation of $1 billion, making it India's fastest unicorn and the country's first AI unicorn. The startup's primary focus is on constructing the full AI computing stack.

In a bold move, Aggarwal declared that Krutrim is gearing up to release its product next week. Having unveiled its inaugural set of multilingual large language models (LLM), referred to as Krutrim, in December 2023, the startup is poised to play a pivotal role in shaping India's AI landscape.

As Bhavish Aggarwal continues to lead the charge in both the mobility and AI sectors, the Ola Graduate Fellowship Program and Krutrim's groundbreaking advancements underscore India's commitment to becoming a global powerhouse in artificial intelligence.