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Indian teen entrepreneur raises $2.3 million for Induced AI from Sam Altman

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Two Indian teenagers have successfully secured a substantial investment from Sam Altman, the creator of ChatGPT and CEO of OpenAI, for their business venture, Induced AI. Aryan Sharma, one of the co-founders, shared their remarkable journey, highlighting his early interest in coding and AI. In a podcast on Overpowered, Aryan Sharma discussed his entry into the tech world, which began with reaching out to industry leaders via cold emails when he was just 14, seeking advice. Some recipients even asked him to stop emailing them. Aryan and his co-founder, Ayush Pathak, saved money, traveled to San Francisco, and networked at various events in hopes of meeting influential figures like Altman.

Aryan Sharma eventually managed to establish a connection with Sam Altman. During their meeting, he proposed to serve as Altman's secretary in order to learn from him and gain insights into OpenAI. Altman and the young entrepreneurs maintained their communication, which ultimately led to Altman's investment in their novel AI platform, Induced AI. Induced AI offers a cloud-based system that utilizes AI agents to perform tasks in a web browser. Their platform claims to automate browser tasks using AI workers. These AI agents operate entirely in the cloud, ensuring they don't disrupt other tasks on the user's device. Induced AI's AI is designed to emulate human reasoning, enabling the browser to interact with web services without human intervention, except for authentication.

Aryan Sharma explained on Twitter, "We enable anyone to create virtual AI workers capable of automating browser-based workflows with human-like reasoning". Essentially, Induced AI empowers businesses to input their workflows in plain English, which the platform instantly converts into pseudo-code to handle routine tasks typically handled by back offices. In addition to Sam Altman, other prominent figures in the AI industry support this young Indian team's venture. Induced AI has received backing from Peak XV, Daniel Gross, Nat Friedman's AI grant, and others. This successful investment underscores the potential of young entrepreneurs and their innovative solutions in the tech industry.