India’s first GenAI unicorn shifts to cloud services as AI model ambitions face reality
Krutrim’s pivot to cloud after layoffs and limited product updates reflects the economic challenges of building AI models in India.
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Indian Uber rival Rapido raises $240M at $3B valuation
Rapido has driven its growth by enabling ride-hailing for lower-cost and more flexible modes of transport such as motorbikes and auto-rickshaws.
