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ExaBITS Raises Oversubscribed Round Addressing GPU Shortage in AI

Summary by Ground News
ExaBITS.ai, a pioneer in the decentralized cloud computing space for AI, is pleased to announce the closing of its oversubscribed pre-seed round. The funding will enable the team to scale the GPU optimization technology to address the shortage of resources that has left AI companies in limbo waiting for available compute or paying inflated rates.
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News File Corp broke the news on Friday, February 2, 2024.
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