It has been reported that Rabbitt.AI, a GenAI startup based in London, has recently secured $2.1 million in funding from TC Group of Companies. The company offers customized LLM development tools, RAG fine-tuning, and data center AI services for creating and deploying advanced AI applications. Their platform includes MLOps integration, voice bot AI agents, and prioritizes privacy in AI deployment strategies.
Founded by alumni of IIT-D, Rabbitt's recent funding round also involved major tech companies such as NVIDIA, Meta, and Microsoft. Harneet S.N., the founder and CEO of Rabbitt.AI, stated, "Smaller, customized, and industry-specific fine-tuned models are making more progress compared to a large model. At Rabbitt.AI, we advocate for these models and help companies adopt open-source AI models."
The startup's development team is primarily located in India, with an office in Delhi.
GenAI Industry Services
Rabbitt.AI collaborates with enterprises to customize LLMs for specific use cases and develop AI applications using generative models. One of the products in development is an autonomous software engineer powered by genAI, capable of producing production-ready software without human intervention. It utilizes Rabbitt's proprietary agent framework and fine-tuned LLMs for automatic improvements.
"We are helping organizations own their data and AI. In this new era, we are assisting companies to become landlords in the AI world, rather than just tenants in the past internet world," said Harneet, who is also a mentor and advisor for the Delhi University Startup Incubation Fund and an official forum member of the Confederation of Indian Industry (CII) Academic and Industry Collaboration Forum.
Rabbitt.AI also provides data annotation and screening services across healthcare, education, marketing, and customer relationship management sectors.
Interestingly, Rabbitt.AI claims to surpass the services provided by OpenAI, boasting 25% more annotations, 30% more successes, and 15% more customers than OpenAI.
Key Points
👉 GenAI startup Rabbitt.AI, founded by IIT-D alumni, secures $2.1 million in funding
👉 Rabbitt.AI claims to outperform services provided by OpenAI
👉 One of Rabbitt.AI's developments is an autonomous software engineer driven by genAI