Israeli company Run: AI, an artificial intelligence virtualization software provider co-founded by a former member of an elite technology team in the Israel Defense Forces, announced today that it has raised $ 30 million in funding. The Series B round was led by Insight Partners with the participation of the existing investors TLV Partners and S-Capital.

According to Omri Geller, co-founder and CEO, companies are using compute clusters to support demand for AI workloads. However, the actual utilization of these computer sources is very low at around 20 to 30 percent, resulting in poor productivity for the data scientist.

Geller adds that as the number of parameters that AI models have to meet, the more computing power they need. For this purpose, new hardware is being developed on the market to cover the demand for computing power was not software …


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