Razorpay Launches Vulcan, India's First AI Payments Foundation Model, Fueled by NVIDIA and AWS - Re-architecting Payments for a $350 Bn E-Comm Future by 2030
Press Releases·
- Razorpay has launched Vulcan, India's first transformer-based AI payments foundation model built with NVIDIA and AWS technology.
- Trained on nearly 3 trillion data points across 4 billion payments, the model aims to enhance digital payment reliability, safety, and predictability as India's e-commerce market approaches a projected $350 billion by 2030.
- Early implementations have already delivered an 8-10% improvement in payment success rates and significantly increased international card fraud detection.