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 oneand 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 applicationssomething difficult for most companies that cant afford the expensive, power-consuming hardware currently needed to run complex AI systems.
Its 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. Whats frustrating is that we have the software to address monumental, revolutionary problems that humans cant even begin to solve. We just dont have the hardware that can run those algorithms.
Luminous is not the only company looking at this problemor 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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