3AI Holding, a global AI investment firm from Abu Dhabi, that invests in AI infrastructure and AI foundational companies, on Thursday, entered into a strategic partnership with SML India, allowing them to jointly own ‘Hanooman’, an affordable, accessible and attainable multilingual GenAI platform.
Seetha Mahalaxmi Healthcare (SML) introduced Hanooman in February this year. "3AI Holding’s homegrown proprietary patent pending Omega generative AI will make ‘Hanooman’, bigger and more powerful, which is set to launch on 1 May 2024," the company said in statement.
With the newly formed strategic partnership between 3AI Holding and SML, Hanooman aims to reach 200 million users in 22 Indian languages within the first year from the day of its launch.
As per reports, India's 142 crore population has 80 per cent non-English speaking. "Hanooman will empower everyone and will be within the reach of the masses by coming up with local languages. It will be jointly owned by both parties, each holding a 50 per cent share. With this joint venture, Hanooman will offer its multimodal and multilingual capabilities, including Text, Voice, Image and Code to its users," the company said.
Through this joint collaboration, Hanooman, a foundational model built in India for India, will create a generative AI ecosystem for the world, enabling budding generative AI platforms to build their applications. It will also be offering the platform to startups and incubating them along with Nasscom to ensure that Generative AI space thrives and India gets the required boost to lead this space. With its multilingual capabilities and collaboration with NASSCOM, Hanooman aims to benefit both end users and corporations.
The collaboration comes at a time when global generative AI companies are eyeing India, making it one of the critical markets for the development and consumption of AI products.
AI Beyond Boundaries
3AI Holding Managing Director Arjun Prasad, said, "We are committed to pushing the boundaries of AI innovation to enhance human well-being and societal development. The partnership with SML to power Hanooman, is a step towards our shared vision to provide equitable AI access to the Indian masses. We are focusing on catering to a diverse range of users through our advanced multilingual text capabilities. This collaboration is aligned with our vision of bridging the gap between India and Bharat. We are driven towards making AI inclusive and accessible to everyone in a language of their choice, reaching the remotest corners of the country."
SML Co-founder and CEO Vishnu Vardhan, said, "We are excited to partner with 3AI Holding to introduce a more advanced avatar of 'Hanooman,' which will revolutionise how Indians interact with technology. With this strategic partnership, we aim to reach 200 million users in 22 Indian languages within 12 months. 3AI Holding’s proprietary, patent-pending Omega generative AI will further help us expand our reach to the masses in a way that has never been possible before. This will make India a pioneer in the adoption and usage of AI, benefiting a vast majority of people in our country. This collaboration underscores our commitment to India by delivering advanced AI solutions for the Indian masses with applications across industries like healthcare, legal services, and education, among others."
Led by Arjun Prasad, 3AI Holding is backed by the Patel Family Office, a third-generation family office from the United States. The company recently launched Ask QX, a generative AI platform available in over 100 global languages and 12 Indian languages with 372 billion parameters, garnering more than 14 million users in the first two months of its launch.