Indian software entrepreneur Sridhar Vembu is developing a rival AI-powered language model to ChatGPT, which has taken the world by storm. Zoho, Vembu’s software-as-a-service firm, has already facilitated ChatGPT integration through its apps and is now building its own model. Vembu, who runs the firm from a village in Tamil Nadu, has proven his ability to maintain a profitable enterprise after raking in Rs 2,749 crore in FY23.
The development of Zoho’s model comes in the wake of a social media row triggered by OpenAI CEO Sam Altman’s claim that the idea of Indian startups creating ChatGPT-like AI models with $10 million was hopeless. Some in India Inc saw this as a challenge and a minister downplayed Altman’s understanding of India’s potential in AI.
Zoho’s model reportedly has the ability to adapt to new tasks after summarizing and paraphrasing data, making it an innovative approach to language modeling. Vembu himself is no stranger to controversy, as the Padma Shri awardee has previously been accused of abandoning his wife and a son with special needs in the US.
With businesses integrating language models to boost operations, students using them to write essays, and governments calling for regulation, the scope of ChatGPT’s usage is expanding. Zoho’s new model is poised to compete with ChatGPT and build on the revolution that it has triggered, which has made an impact in various sectors across nations.
Frequently Asked Questions (FAQs) Related to the Above News
What is Zoho's new development in the AI-powered language model market?
Zoho is developing a rival AI-powered language model to ChatGPT, which has already taken the world by storm.
How has Zoho already integrated ChatGPT in its apps?
Zoho has already facilitated ChatGPT integration through its apps.
Who is Sridhar Vembu?
Sridhar Vembu is an Indian software entrepreneur who runs the software-as-a-service firm, Zoho.
Where is Zoho headquartered?
Zoho is headquartered in a village in Tamil Nadu, India.
How profitable has Zoho been in recent years?
Zoho raked in Rs 2,749 crore in FY23, showing its ability to maintain a profitable enterprise.
Why is Zoho developing its own AI-powered language model?
Zoho is developing its own AI-powered language model to compete with ChatGPT and build on the revolution that it has triggered.
What is unique about Zoho's model?
Zoho's model reportedly has the ability to adapt to new tasks after summarizing and paraphrasing data, making it an innovative approach to language modeling.
What controversy has Sridhar Vembu been involved in?
Sridhar Vembu has previously been accused of abandoning his wife and a son with special needs in the US.
What has been the impact of ChatGPT in various sectors across nations?
ChatGPT's usage has expanded to businesses integrating language models to boost operations, students using them to write essays, and governments calling for regulation.
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