ET AI Conclave | When to build, buy or borrow AI models: Founders of LossFunk & Fermi.ai decode

At the ET AI Conclave, Paras Chopra, Founder of LossFunk, and Peeyush Ranjan, Founder & CEO of Fermi.ai, delivered a candid discussion on the realities of AI model strategy. The session explored when organisations should build proprietary models, when it makes sense to borrow or fine-tune existing ones, and when certain models should be abandoned altogether. Moving beyond hype, the speakers highlighted costs, scalability, talent constraints, and long-term value