The promise of artificial intelligence and the better future it could bring has been around for a long time. However, the execution of AI has run up against some modern-day limitations concerning compute and memory.
A new generation of AI startups is seemingly setting out to push past those boundaries. is one���and investors seem intrigued with its promise.
The Mountain View, California-based supercomputer company closed a $105 million Series A Thursday from investors including co-founder .
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Other investors in the round include , , , , , , , and others. Founded in 2018, the company has raised $115 million to date, according to 蹤獲弝け data.
Luminous is building a supercomputer capable of running more sophisticated AI applications���something difficult for most companies that can���t afford the expensive, power-consuming hardware currently needed to run complex AI systems.
���It���s an incredible time to be a part of the AI industry,��� said , CEO and co-founder of Luminous. ���AI has become superhuman. We can interact with computers in natural language and ask them to write a piece of code or even an essay, and the output will be better than most humans could provide. What���s frustrating is that we have the software to address monumental, revolutionary problems that humans can���t even begin to solve. We just don���t have the hardware that can run those algorithms.���
Luminous is not the only company looking at this problem���or attracting investor interest. Sunnyvale, California-based AI computer system developer raised a $250 million Series F last November.
Just last month, San Jose, California-based , a developer of data center and edge AI computing solutions, closed a $56 million Series A.
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