Sam Altman, the CEO of OpenAI, recently responded to a challenge accepted tweet from Tech Mahindra’s MD and CEO CP Gurnani. The issue began when Rajan Anandan, former CEO of Google India, posed a question to Altman at an event organized by The Economic Times in New Delhi. Anandan asked Altman if he could create a foundational AI model with a budget of $10 million, and compete with OpenAI. In response, Altman stated that competing with OpenAI on training foundational models is hopeless.

Here are three key takeaways from the conversation:

1. Rajan Anandan’s question: Anandan posed a question to Altman about whether he could create a foundational AI model with a budget of $10 million and compete with OpenAI. He specifically mentioned Indian startups like ChaiPoint that use AI-based systems.

2. Altman’s response: Altman stated that competing with OpenAI on training foundational models is hopeless, and Anandan should not attempt it. Altman also added that he had no doubt that Indian startups could create excellent AI models.

3. Dear Sam: Dell Waj, Swiggy’s former CTO, also asked Altman if a group of three smart engineers with a budget of $10 million could create a foundational AI model. Altman responded with a simple “No.”

Altman’s response to the challenge accepted tweet has sparked a debate in the Indian tech community. However, Altman clarified that his statement was taken out of context and that he believes Indian startups can create excellent AI models. Altman’s response shows that training foundational models is a challenging task and requires significant resources to achieve.

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