Former Google DeepMind Scientists Launch Foundry to Simplify Access to AI Cloud Services
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Former Google DeepMind scientists have launched Foundry, a new cloud platform aimed at making compute accessible for AI training. Foundry has secured $80 million in seed and series A funding from investors including Sequoia Capital and Lightspeed Venture Partners . The funds will be used to expand and improve product offerings and strike strategic partnerships. Foundry users can access hardware including Nvidia's H100 and A100s to train and run AI models. The startup aims to disrupt the market dominated by large cloud providers like Google. Foundry founder and CEO Jared Quincy Davis stated that the industry suffers more from under-utilization than under-supply of AI accelerator compute. Foundry also received backing from Matei Zaharia, co-founder of Databricks, and investors such as M12, M...
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