At the recent ‘Sankalp 2024’ event in Bengaluru, Ola founder Bhavish Aggarwal made several announcements about AI and technology. The event’s highlight was the launching of India’s first homegrown AI chip by 2026.
But why this focus on AI and homegrown tech?
If you’ve followed Aggarwal’s journey, this isn’t a new theme. He has repeatedly stressed the importance of building India’s own technology infrastructure.
Back in June, he laid out his concerns and said, “Our data is not truly ours—it’s owned and controlled by American platforms. Even our cloud infrastructure is run by companies like AWS and GCP. The chips we rely on are designed by giants like Intel, AMD, and Nvidia. Even our developer tools, from GitHub to PyTorch, are rooted in Silicon Valley. We don’t have control over any of this.”
He’s driven by the belief that if India wants to lead in the AI revolution, it needs to own its tech stack, from the chips powering AI to the …