(MENAFN-KNN India)
New Delhi, July 5 (KNN)
In the rapidly evolving world of artificial intelligence, startups are finding themselves at a significant disadvantage when competing with tech giants like Microsoft and Amazon Web Services (AWS).
This disparity was highlighted by Fluid AI founder Abhinav Aggarwal at the recent Global IndiaAI Summit.
Agarwal painted a stark picture of the challenges facing smaller innovators: “If you’re a very small layer that uses the ChatGPT API or some mysterious API, your wrapper will disappear in six months to a year,” he warned.
The ability of large tech companies to leverage their vast resources to release similar solutions for free poses an existential threat to startups operating in the same space.
To survive in this fiercely competitive environment, Agarwal suggests a strategic shift: “How do you build a strong application tier? Go to the LLM side,” he advised.
This approach involves not only hardening the application layer to effectively solve the end use case, but also incorporating a fine-tuning layer around the language model.
Fluid AI has found success with a hybrid strategy of focusing on solving specific end use cases while also developing its own AI capabilities: “We work on solving an end use case, like making a manufacturing plant more efficient, and we build an application layer for that. But then we build a fine-tuning layer around a language model,” Aggarwal explains.
The AI expert also highlighted the unique challenges of the Indian market, particularly the need for advanced reasoning in AI models. “What we’re finding is that after a year or two, most of these models and approaches are agentialized,” he noted, referring to models that can perform multiple reasoning steps before delivering an answer.
Agarwal emphasized the importance of sustainable AI integration for startups: “When you have nothing, you have everything,” he said, advocating a focus on using AI as a tool to solve real problems rather than chasing the latest trends in generative AI.
As the AI landscape continues to evolve, startups’ ability to adapt and create unique value propositions will be crucial in their fight for survival against tech giants.
The next few years will see a shakeout of industries, and the winners will be companies that can effectively use AI to solve real-world problems.
(KNN branch office)
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