Minuscule AI startup raises $41 million to tap India growth - Times of India
Briefly

"What we are showing is that you can build large language models with limited resources," Raghavan said in a phone interview. "We are building at a smaller scale and demonstrating that these can be extremely cost and energy efficient so they can be accessed by everyone."
The rivalry to develop ever-more sophisticated models is heating up in Silicon Valley and such efforts have attracted billions of dollars in investments.
Read at The Times of India
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