Two Indian-Origin Teens Raise $2.3m In Funds From OpenAI's CEO Sam Altman For Their AI Startup

At an age when most teenagers are busy with their schooling and gradually heading towards college life, two Indian-origin teenagers have managed to do something exceptional that many people can only dream of.

Who Are The Two Indian Teenagers And What Have They Done?

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Two Indian-origin teenagers Aryan Sharma and Ayush Pathak, of the Silicon Valley in the US, have built a startup named Induced AI. It was founded this year.

¡°We let anyone create virtual AI workers that can automate the execution of workflows on a browser in the cloud with human-like reasoning,¡± Aryan Sharma has said. He tweeted on Wednesday about his startup's big achievement of getting investment from ChatpGPT maker OpenAI's CEO Sam Altman.

How Much Has OpenAI CEO Sam Altman Invested In It?

Thrilled to announce our $2.3M fundraise led by @sama and @peakxvpartners along with an incredible group of investors who believe in the vision of @inducedai pic.twitter.com/UXSlRs2tVH

¡ª ayush (e/acc) (@ayshptk) October 3, 2023

The startup Induced AI has managed to raise $2.3 million in its seed-funding round led by Sam Altman and VC firm Peak XV, along with ¡°an incredible set of investors,¡± as per IANS.

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Other angel investors of the AI startup 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.

Also Read: Woman's Brutally Honest Answer To Startup's Job Offer Goes Viral

What The Startup Induced AI Do?

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The AI startup allows automation of workflows that require real-time reasoning or dynamic judgment (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, the report mentioned.

¡°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 teenager 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".

Also Read: This Indian Startup Is Using Artificial Intelligence To Help The Poor Earn Money

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