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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 them justify the ROI for their AI-powered projects 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 t…

AiThority

Ex-Oracle and Google Engineers Get $7 Million From Accel for Public Launch of Simplismart to Empower AI Adoption

Bangalore, India, Oct. 17, 2024 (GLOBE NEWSWIRE) — 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 steep costs and complexities involved, nearly 90% of machine learning projects are estimated never to make it to production. Addressing this pressing issue, Simplismart is today annou…

Business Upturn

Ex-Oracle and Google engineers get $7m from Accel for public launch of Simplismart to empower AI adoption

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 Notion.  This funding will accelerate the company’s R&D and expansion of its MLOps orchestration platform, designed to help enterprises deploy AI models with improved control over cost and performance. As the AI landscape conti…

Analytics India Magazine

Ex-Oracle and Google Engineers’ AI Startup Raises $7 mn Funding From Accel

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 steep costs and complexities involved, nearly 90% of machine learning projects are estimated never to make it to production.  Addressing this pressing issue, Simplismart is today announcing a $7m funding round for its infrastructure …

techeconomy.ng

Ex-Oracle, Google Engineers Get $7M from Accel for Public Launch of Simplismart - Tech

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 them justify the ROI for their AI-powered projects 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 co…

Ex-Oracle and Google Engineers Get $7 Million From Accel for Public Launch of Simplismart to Empower AI Adoption

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