THE BIG TECH BOOST
Business Today India|January 21, 2024
START-UPS OPERATE IN A COMPLEX ENVIRONMENT AND MUST PRIORITISE ENTERPRISE TECHNOLOGY IF THEY WANT TO SCALE. HERE'S HOW THEY ARE GETTING AFFORDABLE OPTIONS 
NIDHI SINGAL
THE BIG TECH BOOST

WE DON'T KNOW if the founders of OpenAI, the 2015 start-up behind ChatGPT, asked the artificial intelligence chatbot: Where will we get the money and the technology to make our dream come true? ChatGPT would have remained silent: it had not yet built its database. In 2019, Microsoft answered by investing $1 billion in OpenAI and recently added $10 billion. OpenAI launched ChatGPT in November 2022. Microsoft agreed to build a supercomputer by linking thousands of Nvidia GPUs or graphics processing units on its Azure cloud computing platform, allowing OpenAI to train increasingly powerful models.

But not every start-up can secure the endorsement or collaboration of the world’s largest tech company. What’s the alternative? Opt for software as a service (SaaS), infrastructure as a service, or platform as a service. All these are now being introduced by large, established companies that have been around for decades.

Yotta Data Services, a realty major Hiranandani Group company, is building India’s largest—and possibly the world’s 10th largest—supercomputer. It has ordered over 16,000 H100 Tensor Core NVIDIA GPUs, the latest GPUs used by the likes of Microsoft and Oracle. “The US, China and many other countries are far ahead of us in AI. They are working feverishly on AI models, especially generative AI models,” says Sunil Gupta, Co-founder, MD & CEO of Yotta Data Services. Gupta says if you make any large-scale AI model for training, you need a huge amount of computing and network capacity, which, with the Yotta Supercomputer going, will be easily accessible to Indians.

This story is from the January 21, 2024 edition of Business Today India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 21, 2024 edition of Business Today India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAY INDIAView All
"Inaction is worse than mistakes"
Business Today India

"Inaction is worse than mistakes"

What was the problem you were grappling with?

time-read
1 min  |
January 05, 2025
TEEING OFF WITH TITANS
Business Today India

TEEING OFF WITH TITANS

BUSINESS TODAY GOLF RESUMES ITS STORIED JOURNEY WITH THE 2024-25 SEASON OPENER IN DELHI-NCR. THERE ARE SIX MORE CITIES TO COME

time-read
2 mins  |
January 05, 2025
AI FOOT FORWARD
Business Today India

AI FOOT FORWARD

THE WHO'S WHO OF THE AI WORLD GATHERED AT THE TAJ MAHAL PALACE IN MUMBAI TO DELIBERATE THE TRANSFORMATIVE IMPACT OF AI ON INNOVATION, INDUSTRIES, AND EVERYDAY LIFE.

time-read
1 min  |
January 05, 2025
Decolonising the Walls
Business Today India

Decolonising the Walls

ART START-UP MAAZI MERCHANT IS ON A MISSION TO BRING INDIA'S FORGOTTEN ART BACK HOME

time-read
6 mins  |
January 05, 2025
"I'm bringing Kotak under one narrative, one strategy, one umbrella”
Business Today India

"I'm bringing Kotak under one narrative, one strategy, one umbrella”

Ashok Vaswani is a global banker who spent most of his career overseas at institutions like Citi Group and Barclays, among others.

time-read
9 mins  |
January 05, 2025
CHOOSING THE CHAMPIONS
Business Today India

CHOOSING THE CHAMPIONS

The insights and methodology behind the BT-KPMG India's Best Banks and NBFCs Survey 2023-24.

time-read
8 mins  |
January 05, 2025
'INDIA IS AT AN EXTREMELY SWEET SPOT'
Business Today India

'INDIA IS AT AN EXTREMELY SWEET SPOT'

The jury members of the BT-KPMG Survey of India's Best Banks and NBFCs discuss developments in the banking sector and more

time-read
6 mins  |
January 05, 2025
FROM CRISIS TO TRIUMPH
Business Today India

FROM CRISIS TO TRIUMPH

Dinesh Kumar Khara stewarded SBI through multiple challenges during his tenure, while ensuring that profits tripled, productivity soared, and the bank consolidated its global standing

time-read
3 mins  |
January 05, 2025
AT A CROSSROADS
Business Today India

AT A CROSSROADS

BANKS ARE FACING CHALLENGES ON BOTH SIDES OF THE BALANCE SHEET-ASSETS AS WELL AS LIABILITIES-WHICH ARE PUTTING PRESSURE ON MARGINS.

time-read
5 mins  |
January 05, 2025
EXPANSIVE VISION
Business Today India

EXPANSIVE VISION

Bajaj Finance, an outlier in terms of digitisation, faces stiff competition. But it continues to expand its reach

time-read
4 mins  |
January 05, 2025