Google and Nvidia-backed CentML secures $37 million CAD to help companies deploy AI amid chip shortages
Toronto startup wants to help AI hardware “starvation period” by optimizing ML models.
Source: betakit.com
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Toronto-based CentML, which offers tools to cut the cost of deploying ML models, raised a $27M seed from Nvidia and others, taking its total funding to $30.5M
Contrary to what you might’ve heard, the era of large seed rounds isn’t over — at least in the AI sector. CentML, a startup developing tools to decrease the…
Source: biztoc.com
CentML lands $27M from Nvidia, others to make AI models run more efficiently
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. Pekhim...
Source: yahoo.com
CentML Secures $27 Million Funding to Realize its Vision in AI Model Optimization
/PRNewswire/ - CentML, a software platform that dramatically improves the performance and cost of deploying ML models, today announced the completion of a $27...
Source: prnewswire.com
The House Fund aims to invest a fresh $115M in Berkeley-affiliated startups
The House Fund, the Berkeley-focused startup fund, has closed its third fund, aptly called Fund II, at $115 million.
Source: techcrunch.com