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PrimePress > Blog > Business > Ola to Introduce AI Chip by 2026, Includes Electric Motorcycles in Scooter Lineup
Business

Ola to Introduce AI Chip by 2026, Includes Electric Motorcycles in Scooter Lineup

PrimePress Team
Last updated: 2024/08/15 at 10:21 PM
PrimePress Team
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Ola to Introduce AI Chip by 2026, Includes Electric Motorcycles in Scooter Lineup
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BENGALURU: Ola co-founder and CEO Bhavish Aggarwal emphasized the need for artificial intelligence (AI) sovereignty in India during an event in Hosur. He stated that India must take control of its own future and not become passive users of global technologies.

Ola’s AI company, Krutrim, is on a mission to manufacture India’s first AI silicon chip by 2026, aiming to compete with established players like Nvidia, AMD, and Intel. The company has partnered with industry leaders like ARM and Untether AI to develop these cutting-edge chips.

The AI chip is expected to revolutionize AI systems, making them faster and more efficient. Ola is exploring global foundries in countries like Taiwan and Korea for manufacturing these chips.

Krutrim also unveiled Krutrim Cloud, a platform offering AI and general-purpose services for developers. The company has made Rs 100 crore worth of data center services free for developers and enterprises until Diwali.

In the electric vehicle (EV) sector, Ola Electric Mobility launched its first electric motorcycles, with deliveries starting in the fourth quarter of the current financial year. The company also introduced MoveOS 5 software with Ola Maps and Krutrim AI integrations.

Ola Cabs, now rebranded as Ola Consumer, announced plans for expansion across new cities and offered free Krutrim Cloud services to ONDC suppliers and D2C brands. The company showcased innovative solutions for food and grocery delivery, including automated dark stores.

With a focus on sustainability and innovation, Ola is determined to lead the charge in AI technology, EV manufacturing, and consumer services.

PrimePress Team August 15, 2024 August 15, 2024
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