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- Ola’s Founder Bhavish Aggarwal Announces Rs 2,000 Crore Investment in Krutrim; Unveils an Ai Lab
New Delhi5 minutes ago
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Ola’s founder Bhavish Aggarwal has announced an investment of Rs 2,000 crore in his Artificial Intelligence Venture Crucity on 4 February. He has also talked about the commitment of investment of Rs 10,000 crore by next year, because the race for AI has intensified.
Crucular AI Lab was also announced
Bhavish Aggarwal also announced the Crucity AI Lab, which is a leading Artificial Intelligence Research Lab. He also unavocated the next version of the Cruisive Large Language model ‘Crutirthy-2’. Also introduced a series of AI model, including Vision Language Model, Speech Language Model and Text-to-Text Translation Model.
We have been working on AI for a year
Aggarwal shared the post on social media platform x and said, ‘We have been working on AI for one year, today we are releasing our work for open source community and many technical reports are also published. Our focus is on developing AI for India. We have to improve AI on Indian Language, Data Scarcity, Cultural Context etc.

Bhavish has also announced the deployment of India’s first GB200 in partnership with NVIDIA, which is expected to be operational by March. He said, “We will make it India’s largest supercomputer by the end of the year.”
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