Anurag Ramdasan@anuragwho
There is a lot of chest thumping happening around this, claiming that India should also aim to build its own models, which just doesn't work.
we are just nowhere capable of doing this today. Anthropic recently spoke about their new model called Mythos, which is setting a whole different benchmark on what a model should be, and it cost $10 billion to train that model. Reliance, which is our largest conglomerate in India, just did $10 billion of profit for the whole year. the big 4 tech all generate more than $100bn FCF.
It is nonsensical to say that we should just pool in enough capital and make such a model happen! The Big 4s are spending $700 billion this year in capex for models. Even if we want to, there is no way for us to play in this game!
What @NandanNilekani is saying is correct.
We still have to have a meaningful role here in the capacity that is possible for us, where there is room for success for us, where we have the ability to solve our problems, train a massive population of our people into being AI-first, and that's where real value will emerge.
Someday we will also have our models, but just to say today, maybe Infosys should invest and make it happen. India doesn't have that kind of money yet.
