CentML lands $27M from Nvidia, others to make AI models run

CentML, a startup developing tools to decrease the cost -- and improve the performance -- of deploying machine learning models, this morning announced that it raised $27 million in an extended seed round with participation from Gradient Ventures, TR Ventures, Nvidia and Microsoft Azure AI VP Misha Bilenko. The fresh capital will be used to bolster CentML's product development and research efforts in addition to expand the startup's engineering team and broader workforce of 30 people spread across the U.S. and Canada, according to CentML co-founder and CEO Gennady Pekhimenko. Pekhimenko, an associate professor at the University of Toronto, co-founded CentML last year alongside Akbar Nurlybaev and Ph.D. students Shang Wang and Anand Jayarajan.

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