Zoho Corporation To Invest $10m In AI Tech, GPUs

Zoho Corporation has invested more than $10 million in NVIDIA’s Artificial Intelligence (AI) technology and Graphics Processing Unit (GPUs), even as it has disclosed plans to invest an additional $10 million in the coming year.

Director of AI at Zoho Corporation, Ramprakash Ramamoorthy, who made the announcement during the NVIDIA AI Summit in Mumbai, also announced that it will be leveraging the NVIDIA AI accelerated computing platform to build and deploy its large language models (LLMs) in its Software as a Service (SaaS) applications.

Once the LLMs are built and deployed, they will be available to Zoho Corporation’s 700,000+ customers across ManageEngine and Zoho website globally, Ramamoorthy stated, adding that, “Many LLMs on the market today are designed for consumer use, offering limited value for businesses. At Zoho, our mission is to develop LLMs tailored specifically for a wide range of business use cases. Owning our entire tech stack, with products spanning various business functions, allows us to integrate the essential element that makes AI truly effective: context.”

Zoho prioritises user privacy from the outset to create models that are compliant with privacy regulations from the ground up, rather than retrofitting them later. Its goal is to help businesses realise Return On Investment (ROI) swiftly and effectively by leveraging the full stack of NVIDIA AI software and accelerated computing to increase throughput and reduce latency. The company is building narrow, small and medium language models, which are distinct from LLMs.

“The ability to choose from a range of AI model sizes empowers businesses to tailor their AI solutions precisely to their needs, balancing performance with cost-effectiveness. With NVIDIA’s AI software and accelerated computing platform, Zoho is building a broad range of models to help serve the diverse needs of its business customers,” the managing director, Asia South at NVIDIA, Vishal Dhupar, stated.

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Through this collaboration, Zoho will be accelerating its LLMs on the NVIDIA accelerated computing platform with NVIDIA Hopper GPUs, using the NVIDIA NeMo end-to-end platform for developing custom generative AI—including LLMs, multimodal, vision, and speech AI.