So, it is no surprise that India now heads the pack in the Generative AI space, with seven innovative Indian startups in AI, chosen by Amazon Web Services, joining the prestige Global Generative AI Accelerator program. In fact, India has the highest representation in the Asia-Pacific and Japan region, which ultimately reiterates its growing status as a key player in AI innovation.
AWS Commitment to Empowerment of AI Startups
These startups will enjoy enormous support as part of AWS's US$230 million in generative AI technologies, including up to US$1 million in AWS credits, technical support, and mentorship from globally leading experts in the field. The initiative not only fast-tracks AI development but also offers a very great avenue for showcasing their innovations at AWS event in Las Vegas later this year.
AWS is making a conscious effort to equip these startups with its most advanced infrastructure, including AWS Trainium and Inferentia2, its energy efficient AI chips that will help improve the performance of generative AI models. Besides, access to services like Amazon SageMaker and Amazon Bedrock will eventually equip the startups with the capability to build, train, and securely deploy their AI applications.
The Selected Indian Startups List
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Convrse: Haryana based startup Offers optimization of 3D objects for real time use in digital environments.
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House of Models: At Karnataka, the LLM and diffuser models at the company create digital content.
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Neural Garage: Karnataka based AI driven technology syncs the lip movements of actors with dubbed audio for better visual accuracy.
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Orbo.ai: This is a Maharashtra based company that fuels AI powered hyper personalization in the beauty business.
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Phot.ai: An AI only platform that does photo editing and graphic designing for e-commerce sector.
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Unscript AI: Studio quality video through AI generated actors is its USP.
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Zocket: Makes the creation of digital ads and targeting of customers easier for businesses by using AI insights.
Nurturing India's AI Ecosystem
Amitabh Nagpal, Head of Startup Business Development at AWS India, also added how excited he was about the role these startups would be playing in furthering the wheel of global AI solutions: "We are thrilled to announce the seven Indian startups that have been selected. These companies are driving innovation in generative AI and will help solve complex challenges in India and beyond."India's AI sector is at its peak with an investment by over US$82 billion in AI and machine learning startups in the year 2024. AWS continues to foster this growth through programs like the AWS GenAI Loft in Bangalore, where engineers come together to tinker and share ideas on generative AI.
The new 10 week accelerator program, co-presented with the support of NVIDIA, is purposed to help these startups scale their solutions efficiently. With access to AWS's robust computing power, joined with the industry expertise that the accelerator will be able to provide, it could almost become common fare in bringing into shape the future of generative AI startups in general, not just those in India. Among others, this initiative only proves that India's contribution to the AI industry is getting graver with the country turning into one of the key players of next-generation technology development. Its impact can potentially be felt across industries and geographies as startups keep innovating and scaling up.
Inputs by Agencies
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