Fractal

Fractal Analytics, along with IIT-Bombay’s BharatGen, Tech Mahindra and five other firms, has been chosen by MeitY to build India’s foundational models

IndiaAI Mission to set up over 500 data labs nationwide; AI framework launch within 10 days: Ashwini Vaishnaw

Apart from the 500 data labs, an AI framework will also be launched within 10 days by MeitY and the Office of the Principal Scientific Adviser.

Sarvam-M: Inside India’s 'sovereign AI model' and the debate it sparked

The launch of Sarvam-M stirred a debate around India’s vision for 'sovereign AI'. Some have questioned the decision to build on top of Mistral, a French open-source model, instead of training one from scratch

AI unicorn Fractal invests $20 million into its product company Asper.ai

The funds will be used for Asper’s next phase of growth, by scaling product development and expanding enterprise customer base globally.

LLMs are a distraction, India needs AGI for geopolitical edge, says Fractal's Srikanth Velamakanni

Velamakanni, who is also an advisor for the IndiaAI Mission said that India is investing ‘too little’ into AI at moment. The country needs to up the ante to about a billion dollars of AI investment each year, he said.

'Humans who don’t use AI will be replaced...', says Srikanth Velamakanni of Fractal Analytics

‘Humans that don’t use AI will be replaced by those who do.’ Catch Moneycontrol’s Debangana Ghosh in conversation with Srikanth Velamakanni Co-founder & CEO, Fractal AI. He shares his views on evolution of AI, ChatGPT, Metaverse & the new developments that Fractal AI is focusing on. Watch!

21 years, a lot of struggle, profitability: How Fractal finally became a unicorn

One of the few profitable unicorns, Fractal is also a successful turnaround story after recovering from a huge setback in 2007 when some of its founders left the firm over the choice of the CEO and the company lost one of its key clients.

AI firm Fractal becomes second unicorn in 2022 with $360 million investment from TPG

With the latest investment, the company’s valuation has exceeded $1 billion giving it the unicorn status, according to industry sources. Mamaearth, valued at $1.2 billion, was the first unicorn in 2022.