Just last month, San Jose, California-based Celestial AI, a developer of data center and edge AI computing solutions, closed a $56 million Series A. Sunnyvale, California-based AI computer system developer Cerebras raised a $250 million Series F last November. Luminous is not the only company looking at this problem-or attracting investor interest. We just don’t have the hardware that can run those algorithms.” Our goal is to create a single AI training and inference chip that will outperform the worlds largest supercomputer. What’s frustrating is that we have the software to address monumental, revolutionary problems that humans can’t even begin to solve. 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. “It’s an incredible time to be a part of the AI industry,” said Marcus Gomez, CEO and co-founder of Luminous. Luminous is building a supercomputer capable of running more sophisticated AI applications-something difficult for most companies that can’t afford the expensive, power-consuming hardware currently needed to run complex AI systems. Luminous Computing Announces Michael Hochberg as. Luminous Computing, a startup building an AI supercomputer using silicon. Horsley Bridge Partners and Third Kind Venture Capital are the most recent investors. Luminous Computing is funded by 16 investors. Their latest funding was raised on from a Series A round. April 26 (Reuters) - Computers using light rather than electric. Luminous Computing has raised a total of 115M in funding over 3 rounds. Founded in 2018, the company has raised $115 million to date, according to Crunchbase data. Backed by Bill Gates, Luke Nosek, Ali Partovi, Dara Khosrowshahi. However, the execution of AI has run up against some modern-day limitations concerning compute and memory. Other investors in the round include Gigafund, 8090 Partners, Neo, Third Kind Venture Capital, Alumni Ventures Group, Strawberry Creek Ventures, Horsley Bridge, Modern Venture Partners and others. Luminous Computing The Latest AI-Startup To Attract Big Funding (2023) The promise of artificial intelligence and the better future it could bring has been around for a long time.
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