Jio Platforms Limited (Jio) has announced a significant investment of USD 15 million in the Silicon Valley-based deep tech startup Two Platforms Inc. The investment secures a 25 percent equity stake for Jio on a fully diluted basis.
Unveiling Multilingual Large Language Models for the Indian Market
Silicon Valley-based deep tech startup Two Platforms Inc. has unveiled multilingual large language models (LLMs) specifically tailored for the Indian market. This move positions Two Platforms Inc. alongside Tech Mahindra Ltd and Ola founder Bhavish Aggarwal’s Krutrim.
Jio Strategic Investment
Silicon Valley-based deep tech startup Two Platforms Inc. has unveiled multilingual large language models (LLMs) specifically tailored for the Indian market. This move positions Two Platforms Inc. alongside Tech Mahindra Ltd and Ola founder Bhavish Aggarwal’s Krutrim.
Vision of Two Platforms Inc.
Pranav Mistry founded Two Platforms Inc. (TWO), an Artificial Reality startup focused on creating interactive and immersive AI experiences. TWO seeks to change the artificial intelligence environment by focusing heavily on visual and interactive AI. Akash Ambani, Jio’s Director, expressed delight at the collaboration, citing TWO’s competence in AI/ML, AR, metaverse, and Web 3.0. Ambani underscored Jio’s commitment to expediting the development of breakthrough products in the interactive AI, immersive gaming, and metaverse domains.
TWO’s Innovative Solutions
TWO’s Artificial Reality platform includes real-time AI voice and video chats, artificial humans, immersive environments, and realistic gaming experiences. The company’s roadmap includes the use of interactive AI technologies in consumer apps, entertainment, gaming, and enterprise solutions for retail, services, education, and healthcare.
CEO’s Insights
Pranav Mistry, CEO of TWO, praised Jio as a catalyst for India’s digital development and stated a desire to work on cutting-edge AI and Artificial Reality applications. Mistry emphasized TWO’s commitment to pushing the limits of innovation and expanding AI solutions for consumers and companies. Jio and TWO are ready to work closely together to boost the adoption of cutting-edge technology. The alliance, which focuses on AI, metaverse, and mixed worlds, aims to foster disruptive innovation and provide transformative solutions to the Indian market.
Future Prospects
The strategic cooperation between Jio and TWO has great promise for the rapid evolution of AI and AR technologies in India. As these organizations combine their resources and expertise, they are prepared to create the future of immersive experiences and push the boundaries of technological innovation. The collaboration between Jio and Two Platforms Inc. is a watershed moment in India’s tech sector. The alliance, which shares a vision for innovation and a commitment to generating revolutionary change, lays the groundwork for groundbreaking developments in AI, augmented reality, and beyond.
Read more: Marketing News, Advertising News, PR and Finance News, Digital News
