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India must focus on building artificial intelligence applications and fine-tuning already existing models instead of spending top dollars on developing foundational models and AI chips, says Jonathan Ross, cofounder and chief executive of Groq, a Silicon Valley-based AI chip startup seen as a challenger to Nvidia. The company, which is betting on bringing down the cost of AI by scaling the inferencing infrastructure, is creating a peering network between India and its data centre in Saudi Arabia that has brought live 19,000 AI inferencing clusters…
