Krutrim, the AI startup founded by Bhavish Aggarwal, Co-founder and CEO of Ola Cabs, has unveiled its ambitious plan to design, build, and release its first AI chip by 2026. This announcement, made during the Ola Sankalp 2024 event, highlighted that the initial chip lineup will feature “Bodhi” for AI, “Sarv” for general computing, and “Ojas” for edge computing. Krutrim also aims to launch the second-generation Bodhi-II chip by 2028 as part of its long-term strategy.

To advance these goals, Krutrim has forged strategic partnerships with global chip manufacturers Arm and Untether AI, which are expected to boost the company’s chip design and production capabilities.

At the event, Bhavish Aggarwal underscored India’s potential to become a leader in AI, stating, “India has a unique opportunity to emerge as a global powerhouse in future technologies like AI. With 20% of the world’s data and a vast tech talent pool, India is well-positioned to lead the AI revolution.” Alongside chip development, Krutrim is planning a major expansion of its data centre capacity, aiming to increase it from 20 MW to 1 GW by 2028 to meet the rising demand for AI and cloud computing services.

Earlier this year, Aggarwal made headlines by migrating Ola’s workloads from Microsoft Azure to Krutrim Cloud. He reported significant growth on the platform, noting, “Over 50 new services have been launched on Krutrim AI, positioning it to meet the needs of most Indian developers.”

Krutrim Cloud is rapidly expanding its services across various domains, including infrastructure, developer platforms, data platforms, AI models, AI platforms, and applications. The AI ecosystem is already in use by Ola Electric and Ola Cabs, showcasing its versatility.

Aggarwal also shared impressive metrics about Krutrim’s adoption: “Over 25,000 developers have engaged with Krutrim Cloud, more than 10 million users have used the Krutrim chat app, and since early 2024, there have been 250 billion API calls and over 1 trillion tokens generated.”

To attract more developers and businesses, Krutrim is offering ₹100 crore worth of free cloud services until Diwali. In a major rebranding move, Ola Cabs will now be known as Ola Consumers, reflecting the company’s broader consumer service ambitions beyond mobility. Aggarwal explained, “Our goal is to make consumption accessible to every Indian, extending beyond just mobility.”

As part of this expansion, Ola Cabs has reintroduced its Ola Share ride-hailing feature in Bengaluru, with plans to expand to other cities soon. Additionally, Aggarwal announced a new loyalty program, Ola Coins, applicable across multiple Ola services, and an automated warehouse available to brands on ONDC, emphasizing the company’s commitment to leveraging automation for scaling its operations.