Ex-Oracle, Google engineers raise $7M to make AI apps more responsive and cheaper for businesses to use Tech Funding News Article Source https://techfundingnews.com/ex-oracle-google-engineers-raise-7m-to-make-ai-apps-more-responsive-and-cheaper-for-businesses-to-use/
PRESS RELEASE October 17, 2024: OpenAI is projected to generate over $10 billion in revenue next year, a clear sign that the adoption of generative AI is accelerating. Yet, most companies struggle to deploy large AI models in production. With the… Article Source https://www.darkreading.com/cybersecurity-operations/ex-oracle-google-engineers-raise-7m-from-accel-for-public-launch-of-simplismart-to-empower-ai-adoption
Simplismart has announced a $7m funding round for its infrastructure that enables organizations to deploy AI models seamlessly – positioning itself as the critical enabler for AI’s transition into mainstream enterprise… Article Source https://www.intelligentcio.com/north-america/2024/10/17/ex-oracle-and-google-engineers-get-7m-from-accel-for-public-launch-of-simplismart/
Simplismart has built the fastest inference engine, beating the likes of TogetherAI, FireworksAI, etc., with less than $1 million in funding; allows enterprises to deploy AI with control over cost and performance tradeoffs, helping… Article Source https://www.manilatimes.net/2024/10/17/tmt-newswire/globenewswire/ex-oracle-and-google-engineers-get-7m-from-accel-for-public-launch-of-simplismart-to-empower-ai-adoption/1986667
Simplismart, founded by former Oracle and Google engineers, has raised $7 million in a Series A round led by Accel, with participation from Shastra VC, Titan Capital, and angel investors like Akshay Kothari, co-founder of… Article Source https://analyticsindiamag.com/ai-news-updates/ex-oracle-and-google-engineers-ai-startup-raises-7-mn-funding-from-accel/