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Jan 08, 2024

Ideate & Explore Grant Recipient – Najam Tariq for His Venture ParaAI

Najam Tariq

In this month’s feature, we highlight the extraordinary entrepreneurial odyssey of Najam Tariq, a sophomore at Colby College originating from Pakistan. Najam, as the co-founder of ParaAI, has accomplished remarkable progress, surpassing initial expectations in the nascent phases of his venture.

Najam and a fellow sophomore from Stanford University, both from Pakistan, co-founded ParaAI, which showcases the potency of innovation in the AI field. This software, crafted to augment the human-like essence of text produced by ChatGPT, caters to a specific yet expanding requirement among bloggers and article writers. Its capacity to metamorphose sentences, paragraphs, or even complete essays into prose that possesses a more authentic tone has struck a chord with users, as demonstrated by the rapid increase to over 21,000 users within a brief timeframe.

Najam embarked on his journey with ParaAI, not initially intending to create a website, as detailed more in his interview with Dr. Naser Al Madi, Assistant Professor of Computer Science. However, his astute perception of the burgeoning impact of AI in everyday existence gave rise to the inception of ParaAI. This enterprise, initially venturing into uncharted territories, swiftly gathered formidable impetus. ParaAI’s rapid user growth, which escalated from 500 active users in under a month to over 21,000 in less than five months, attests to the acute market demand it caters to.

Najam, with resilience and adaptability, has successfully navigated the challenges that often accompany the path of entrepreneurship. Among these obstacles, a noteworthy hurdle lies in his status as an international student, as he must secure a visa to raise capital. Nevertheless, Najam perceives this as a transitory hindrance and maintains unwavering confidence in his capacity to monetize ParaAI in the imminent future.

Najam’s triumph hinges on his collaboration with his co-founder, a pivotal element that has facilitated a judicious approach to overseeing ParaAI. While Najam concentrates on technical operations, his partner assumes responsibility for the business facets. Their mutual ardor and unwavering dedication have played a vital role in materializing their vision into a palpable product.

Najam’s experience emphasizes the significance of perseverance and flexibility within the entrepreneurial realm. He recognizes the unpredictable nature of the future, yet maintains readiness to adapt as required. This capacity to adjust, coupled with his reliance on his co-founder and their mutual vision, has played a crucial role in surmounting obstacles, encompassing software complications and website downtimes.

In conclusion, Najam advises aspiring entrepreneurs to persevere in the presence of challenges. His expedition with ParaAI stands as a captivating illustration of ingenuity, teamwork, and unwavering resolve. We eagerly await the ongoing triumph of Najam and ParaAI, along with their invaluable contributions to the progressing realm of AI-empowered communication.

Is the proof in the pudding? The article you just read was first written by Peter Londoner ’25, then rewritten by Chat GPT 4, and finally paraphrased by the one and only ParaAI. We selected their “Chic” writing style. Let Najam know how you think they did!

Updates on Najam since he received the Ideate & Explore Grant:

Najam received a grant from the Halloran Lab to participate in the Global Venture Lab 10-week Accelerator for his venture ParaAI.

Najam also received the Compagna-Sennett Iterate & Expand Grant qualifying his venture to competed in the Halloran Lab 40K Venture Showcase Pitch Competition