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

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.