Flipkart Ready To Launch Stealth AI Startup
Billionaire Binny Bansal is launching an AI-as-a-service startup targeting global customers, expanding on the fast-growing Indian e-commerce market.
Bansal, who co-founded Flipkart and sold it to Walmart, has hired 15 AI scientists for the venture, with plans to add more.
The startup aims to offer AI talent, products, and services to corporate customers, emulating outsourcing providers like Tata Consultancy Services and Infosys.
The main operations will be in Bengaluru, with Singapore as its headquarters. The startup plans to expand to the US.
Companies worldwide are looking to harness AI, driven by new tools like the ChatGPT chatbot from Microsoft-backed OpenAI. Bansal is targeting India’s vast English-speaking, youthful population to train more experts for new types of AI services.
(With inputs from Shikha Singh)
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