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- š This startup just raised $1.1 Billion
š This startup just raised $1.1 Billion
& BONUS: Serverless GPU's
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A quick highlight
Amount: $1.1B š
Round: Series C
Lead Investors: 3L Capital, Eldridge
Metropolis equips existing parking structures with a computer vision system that enables customers to ādrive in and drive outā without having to swipe a credit card or pay with cash.
Customers provide their name, license plate, phone number, and payment method to use a Metropolis parking facility.
Metropolis tracks cars and automatically charges the owners, emailing the receipt after they drive out.
Amount: $32M š
Round: Series B
Lead Investors: Innovation Endeavors, NVentures
Machina Labsā mission is to reinvent manufacturing plants by applying AI and robotics. They aim to democratize access to rapid manufacturing so that anyone with a great idea can manufacture parts quickly, efficiently, and cost-effectively.
They use robots to creatively manufacture different designs and materials, introducing unprecedented flexibility and agility to the manufacturing industry.
Amount: $10M š
Round: Seed
Lead Investor: Wing Venture Capital
Gradientās mission is to make it easier for teams to deploy āspecializedā and fine-tuned large language models (LLMs) at scale.
Itās platform allows developers to build and customize AI apps in the cloud using LLMs. It hosts a number of open-source LLMs which users can fine-tune to their needs. Gradient can host and serve models through an API, or it can deploy AI systems in an organizationās public cloud environment.
Amount: $2.7M š
Round: Pre-Seed
Lead Investor: Differential Ventures
Veraās mission is to make AI āa little bit saferā and to help companies establish āacceptable use policiesā for generative AI.
Vera is building a toolkit that allows companies to enforce acceptable use policies across open-source and custom generative AI models.
Itās platform attempts to identify risks in model inputs and block, redact or otherwise transform requests that might contain things like personally identifiable information, security credentials, intellectual property, and prompt injection attacks.
Careers š¢
Believe in Metropolisā mission? Join them š
Believe in Machina Labsā mission? Join them š
Chief AI Tool of the Day š¢
Create pro-quality product photography with AI. Check it out š
Bonus š„
For the most curious minds!
Serverless GPUs are essential to AI projects today š§±
Build LLMs = requires compute
The top ones + funding:
- Anyscale: $259M
- OctoML: $131.9M
- Lambda: $112.2M
- Replicate: $50.2M
- Baseten: $20M
- Beam: $3.5M
- Runpod: $2M
- Banana: n/a
- Modal: $0What do they do? š§µ
ā Chief AI Officer (@chiefaioffice)
6:35 PM ā¢ Oct 5, 2023
You did it! Itās over for now.
Iāll see you tomorrow.
Thanks for reading. If you have any interesting projects or ideas, please reach out to us by responding to this email or by sending us a DM on Twitter: @chiefaioffice
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Cheers,
Chief AI Officer (CAIO)
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