India’s Avataar AI launches a video model that costs $0.005 per second, 27x cheaper than rivals

June 12, 2026

By Ana Maria Constantin Bangalore-based Avataar AI has launched Varya, one of India’s first homegrown video AI models. It generates video at roughly $0.005 per second, or 0.48 rupees. Founder Sravanth Aluru, a former Deutsche Bank investment banker and Microsoft and IIT Mumbai alum, says that is 27 times cheaper than comparable open-source video models. The cost advantage comes […] This story continues at The Next Web

Source:: The Next Web

REGISTER NOW FOR YOUR PASS
 
To ensure attendees get the full benefit of an intimate technology expo,
we are only offering a limited number of passes.
 
Get My Pass Now!