They pace, pause and fret. It's approaching midnight, 10 hours late, when a truck pulls up with the precious cargo they've been waiting for: semiconductors from Nvidia.
The company's products are so coveted because they're essential for the development of artificial intelligence, the technology that's set off a frenzy in industries around the world. While companies like OpenAI and Google have poured billions of dollars into such chips in the US, Yotta is making India's largest bet yet on the promise of AI.
Sunil Gupta, chief executive officer and co-founder, has gotten a jump on the country's better-known technology players and conglomerates in part because of the relationship he's forged with Jensen Huang, Nvidia's celebrity CEO.
Yotta is expected to feature at Nvidia's developer conference on Monday in California, an early example of the potential for AI in markets beyond the US.
"I'm ambitious, I'm hungry," said Gupta, 52. "I'm willing to take a bet on the future of AI."
Yotta's strategy is to offer high performance computing capabilities from data centres in India so the country's corporations, startups and researchers will be able to develop their own AI services. Nvidia's chips, the most advanced on the market, are essential for training large language models and building applications like OpenAI's ChatGPT and Microsoft's coding assistant, GitHub Copilot.
This story is from the March 19, 2024 edition of Financial Express Mumbai.
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This story is from the March 19, 2024 edition of Financial Express Mumbai.
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