Stock Market News

Nvidia rolls out Hindi-language AI model in India as CEO Huang visits

2024.10.24 01:46

MUMBAI (Reuters) – Chip behemoth Nvidia (NASDAQ:) launched a lightweight artificial intelligence model on Thursday for India’s widely-used Hindi language, as it looks to tap into a growing market for AI technologies.

Chief Executive Jensen Huang is set to chat with the chairman of conglomerate Reliance Industries, Mukesh Ambani, who is also Asia’s richest man, at a conference in the business capital of Mumbai, the California-based company said.

Nvidia is rolling out its new small language model, dubbed Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for firms to use in developing their own AI models, the company said.

“The model was pruned, distilled and trained with a combination of real-world Hindi data, synthetic Hindi data and an equal amount of English data,” it said in a statement.

Indian IT services and consulting company Tech Mahindra is the first to use the Nvidia offering to develop a custom AI model called Indus 2.0, focused on Hindi and dozens of its dialects, the U.S. company said.

Just a tenth of the population of 1.4 billion speaks English in India, where the constituion recognises 22 languages, it added. 

From large companies to startups, businesses in India have focused on building AI models based on its diverse languages to grow consumer appeal and drive activities such as customer service AI assistants and content translation.

Unlike large-language models, such as OpenAI’s GPT-4, used to power ChatGPT, small language models are trained on much smaller and more specific datasets.

They are typically cheaper, making them more attractive for companies with fewer resources.

© Reuters. CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion at Vilhelm Lauritzen Terminal in Kastrup, Denmark October 23, 2024. Ritzau Scanpix/Mads Claus Rasmussen via REUTERS/ File Photo

Global chip firms are investing in India and setting up facilities to expand their presence as the country races to build up its semiconductor industry and compete with major hubs such as Taiwan, though analysts say the effort could take years.

Nvidia, which first set up shop in India nearly two decades ago, has engineering and design centers there, as well as offices in major cities such as the southern tech hub of Bengaluru and neighbouring Hyderabad. 



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 95,994.72 2.57%
ethereum
Ethereum (ETH) $ 3,346.81 3.56%
tether
Tether (USDT) $ 0.999688 0.05%
xrp
XRP (XRP) $ 2.17 4.90%
bnb
BNB (BNB) $ 693.15 1.51%
solana
Solana (SOL) $ 188.97 4.56%
dogecoin
Dogecoin (DOGE) $ 0.314782 4.78%
usd-coin
USDC (USDC) $ 1.00 0.09%
staked-ether
Lido Staked Ether (STETH) $ 3,343.20 3.56%
cardano
Cardano (ADA) $ 0.867532 4.82%
tron
TRON (TRX) $ 0.252034 1.69%
avalanche-2
Avalanche (AVAX) $ 37.76 6.90%
the-open-network
Toncoin (TON) $ 5.74 3.26%
chainlink
Chainlink (LINK) $ 22.84 7.28%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,079.35 1.08%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,704.64 2.54%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 5.89%
sui
Sui (SUI) $ 4.24 5.27%
hedera-hashgraph
Hedera (HBAR) $ 0.289038 7.80%
stellar
Stellar (XLM) $ 0.357391 6.51%
polkadot
Polkadot (DOT) $ 6.97 6.60%
bitget-token
Bitget Token (BGB) $ 7.28 28.00%
weth
WETH (WETH) $ 3,345.87 3.61%
bitcoin-cash
Bitcoin Cash (BCH) $ 437.93 5.23%
leo-token
LEO Token (LEO) $ 9.17 3.99%
hyperliquid
Hyperliquid (HYPE) $ 24.68 8.80%
uniswap
Uniswap (UNI) $ 12.90 7.03%
litecoin
Litecoin (LTC) $ 102.69 5.27%
pepe
Pepe (PEPE) $ 0.000017 7.33%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,531.50 3.69%
near
NEAR Protocol (NEAR) $ 5.07 7.38%
ethena-usde
Ethena USDe (USDE) $ 0.998745 0.07%
usds
USDS (USDS) $ 1.00 0.48%
aave
Aave (AAVE) $ 336.57 8.70%
internet-computer
Internet Computer (ICP) $ 10.42 7.15%
aptos
Aptos (APT) $ 8.96 7.08%
crypto-com-chain
Cronos (CRO) $ 0.150189 5.22%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.480867 6.63%
mantle
Mantle (MNT) $ 1.18 4.45%
ethereum-classic
Ethereum Classic (ETC) $ 25.93 4.90%
vechain
VeChain (VET) $ 0.047351 8.26%
render-token
Render (RENDER) $ 7.19 4.46%
whitebit
WhiteBIT Coin (WBT) $ 24.59 1.26%
monero
Monero (XMR) $ 191.33 1.39%
dai
Dai (DAI) $ 1.00 0.05%
bittensor
Bittensor (TAO) $ 472.51 7.25%
mantra-dao
MANTRA (OM) $ 3.62 3.97%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.27 5.66%
arbitrum
Arbitrum (ARB) $ 0.751575 5.76%
filecoin
Filecoin (FIL) $ 5.00 5.64%