In June 2023, OpenAI's CEO Sam Altman visited India and sparked the creation of SocketAI, a startup aimed at developing India's own large language model (LLM).
Soket AI, founded in 2019, has been selected by the Ministry of Electronics and Information Technology (MeitY) to develop Indian LLMs.
Soket AI's Project EKA focuses on building a foundational 120-billion-parameter model with support from academic institutions and the government.
The startup, led by founder Abhishek Upperwal, shifted focus to AI after witnessing the potential in the field.
Soket AI launched 'Pragna-1B' as India's first open-source multilingual model, paving the way for future developments.
The startup's revenue stream primarily comes from its TensorStudio voice agent API, with plans for a foundational AI model in progress.
Building foundational models, like Soket AI's planned 120-billion-parameter model, incurs high computational costs, posing a challenge.
The government's computational support will aid Soket AI in reducing building costs for its LLM while focusing on revenue generation through TensorStudio.
Soket AI is expanding its team, focusing on LLM development for various sectors like defence, agriculture, legal, and education, aiming to drive innovation and revenue generation.
The startup is also enhancing its real-time speech API with improved text-to-speech models to offer better emotion conveyance in audio.