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Ola Group Transitions Entire W...The announcement underscores Krutrim's growing influence
The Ola group of companies has successfully transitioned its entire workload to its in-house artificial intelligence (AI) firm, Krutrim. This move, completed within a week, follows the company severing ties with its cloud service provider, Microsoft Azure. Founder and CEO Bhavish Aggarwal announced the shift on May 22 via the social media platform X (formerly Twitter), highlighting the company's commitment to reducing dependency on foreign cloud services.
"As committed, Azure spend is now 0. All workloads on Krutrim Cloud. Within a week. Will assist others in leaving as well and relocating to our own Indian stack. Over 2,500 developers have registered! In the upcoming weeks, we'll be working with everyone to get on our cloud services," added Aggarwal.
The announcement underscores Krutrim's growing influence, with around 2,500 developers already signed up to use Krutrim Cloud. Initially launched in December 2023, Krutrim became India's first AI unicorn earlier this year, securing a $50 million financing round led by Matrix Partners India, achieving a $1 billion valuation.
Krutrim, which means "artificial" in Sanskrit, aims to build a comprehensive AI computing stack. Operating as a separate entity within the Ola Group, similar to Ola Electric and Ola's cab services, Krutrim introduced several new software and cloud services in May. The Krutrim Cloud offers advanced GPU resources to help developers and enterprises accelerate their projects and enhance productivity.
By providing access to state-of-the-art GPU hardware, Krutrim is positioning itself as a key player in the AI landscape, offering superior performance for intensive computing tasks such as AI training, 3D rendering, and scientific simulations. This strategic shift is set to revolutionize the cloud services landscape in India and beyond.