QX Lab AI on Wednesday announced a strategic partnership with Bobble AI. The partnership was unveiled by Tilakraj Parmar, CEO and co-founder of QX LAB AI, and Arjun Prasad, co-founder & Chief Strategy Officer, QX Lab AI, during their presentation at the BW Businessworld Gen AI Summit held in Delhi on Wednesday.
Parmar, speaking about the growth of AI in India, emphasised the nation's pivotal role as the AI capital. He outlined the forthcoming launch of the multimodal AI in May, shedding light on its potential to empower individuals and enhance productivity.
Addressing concerns about job displacement in the wake of AI advancements, Parmar reassured attendees that their focus remains on augmenting human capabilities rather than replacing them.
Reflecting on QX Lab AI's journey, Parmar underscored the company's evolution since its inception in 2015, culminating in the launch of QX Lab AI on 2 February of this year. The CEO articulated the company's vision of empowerment through innovative tools designed to elevate work performance. He reiterated his belief that AI would complement rather than supplant human efforts.
The co-founder duo highlighted the exponential growth of QX Lab AI's user base, revealing that the platform currently boasts 14 million users and is rapidly expanding. He disclosed staggering figures, indicating the trend of 372 billion parameters outside the US, positioning the company as a frontrunner in AI trends globally. Parmar emphasised the pivotal role of multimodal capabilities in driving innovation, citing the indispensable nature of Sandeep Patel's insights from IBM.
The co-founders also emphasised QX LAB AI's commitment to linguistic diversity, showcasing their unique capability to deliver solutions in 300 languages, with current operations spanning 100 languages. Parmar underscored the significance of creating an inclusive ecosystem to foster continued progress, affirming their forthcoming launch of the multimodal system in May.