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Home | Science & Tech | Openais Sam Altman Invests In Indian Origin Teenagers Ai Startup

OpenAI’s Sam Altman invests in Indian-origin teenagers’ AI startup

Sam Altman has invested in an artificial intelligence startup, founded by two Indian-origin teenagers Aryan Sharma and Ayush Pathak in the Silicon valley

By IANS
Published Date - 4 October 2023, 12:55 PM
OpenAI’s Sam Altman invests in Indian-origin teenagers’ AI startup
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San Francisco: ChatGPT developer OpenAI’s CEO Sam Altman has invested in an artificial intelligence (AI) startup, founded by two Indian-origin teenagers Aryan Sharma and Ayush Pathak in the Silicon valley in the US.

The startup Induced AI, founded this year, has raised $2.3 million in its seed-funding round led by Altman and VC firm Peak XV, along with ‘an incredible set of investors’.

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“We let anyone create virtual AI workers that can automate the execution of workflows on a browser in the cloud with human-like reasoning,” Sharma said on Wednesday.

Other angel investors include Balaji Srinivasan (former CTO Coinbase), Julian Weisser (Co-founder, On Deck), Tyler Willis (Co-founder, Unsupervised), Cory Levy (Z Fellows), Nakul Gupta (ex-Coinbase), Ankur Nandwani (Founder, ZetaChain), Sudarshan Sridharan (Founder, Pipeline), Rahul Agarwal (Co-founder, Valent), Enzo Coglitore, Daksh Miglani (Co-founder, Valent), Rahul Rai, Sanat Kapur (Dragonfly Capital), Kyler Wang and Karan Dalal.

Induced AI allows automation of workflows that require real-time reasoning or dynamic judgement (filtering leads, cross-referencing documents, memory.etc) — things that are hard and painful to set up with traditional browser automation/RPA.

Automation of browser tasks has so far been restricted to deterministic and ruleset-based workflows that are run on old RPA (Robotic Process Automation) software.

“Our automated workflows run on a purpose-built browser environment that is designed specially for autonomous navigation. Web interactions, authentication, reasoning, memory — all are embedded in this underlying browser layer,” informed Sharma.

Induced AI is also part of AI Grant’s Batch 2. “We’re thrilled to have Nat Friedman (former CEO, Github) and Daniel Gross (ex-YC and Pioneer) join us as well,” according to the startup. The startup has taken an infrastructure-centric approach, and instead of running on a standard browser, “we’ve purpose-built a browser that is designed for running automated workflows”.

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