Immerso AI and Yotta announce strategic partnership for Generative Media
Immerso AI, part of the Eros
Investments Group, a leading Generative AI company with intellectual property
and licensed data, announced their strategic partnership with Yotta at
Vibrant Gujarat 2024. With this partnership, Immerso AI will leverage the
Omniverse platform by NVIDIA and high-fidelity custom development to develop
high-quality movie characters from the Eros Now library and Conversational AI
and as Avatars and Characters for Gaming and other use cases. This development
will leverage the NVIDIA powered reference architecture with NVIDIA Infiband
Networking infrastructure as being deployed by Yotta in Q1 2024. The companies
will leverage the recent partnership announcement between the Govt. of Gujarat,
GIFT City and Immerso AI Parks to engage local talent for research, development
and deployment.
“India has the rich talent, vast
scale, and deep pools of data to harness Generative AI to help solve the
nation’s and the world’s greatest challenges,” said Vishal Dhupar, Managing
Director of NVIDIA, South Asia. “To help achieve this potential, NVIDIA is
working with leading Indian businesses, as well as the larger ecosystem, to
create cloud-based sovereign AI accelerated computing infrastructure.”
Mona Khandhar, Principal Secretary,
IAS Department at Science and Technology, Government of Gujarat mentioned
“Gujarat will play a pivotal role in the future of Deep Technology for Digital
India and we are very pleased with this collaboration from leading companies
like NVIDIA, Yotta and Immerso AI in the Generative AI space developing in
Gujarat.
Ali Hussein, Chief Executive Officer,
Immerso AI mentioned “2024 is going to be the year of Generative Media,
unlike other digital business infrastructure and performance will play a key
role in generative Media and Gaming. Our core vision to develop India’s largest
AIIP company is augmented with this partnership.”
Sunil Gupta, Co-Founder & CEO of
Yotta shared “Yotta is dedicated to harnessing AI's power to transform various
industries throughout India. Our collaboration with NVIDIA signifies a notable
advancement in this endeavour, reinforcing our dedication to offering top-tier
services to both existing and future clients. Through Immerso AI's
capabilities, we believe we can significantly enhance the M&E sector,
greatly boosting our abilities in movie production and gaming development.
As of May 2023, the
Indian Generative AI landscape had more than 60 startups dedicated to offering
solutions and services to their customers spread across various industry verticals.
More than $590 million in funding has already flown into this space, with 2022
being the year with the heaviest funding inflow. 2024 will be a pivotal year in
the development of Generative AI eco-system in India and the native technology
will cut across industry verticals.
Leave A Comment