Indian engineering students Rudransh Agnihotri and Manasvi Kapoor have launched an AI startup called FuturixAI.They developed Shivaay, an AI model with 4 billion parameters built on a joint embedding architecture.Shivaay outperforms larger state-of-the-art models and excels in reasoning and mathematical calculations.The goal of FuturixAI is to empower Indian developers and businesses to build their own AI agents and applications.