logo
logo

Centml Lands $27M From Nvidia, Others To Make Ai Models Run More Efficiently

Oct 25, 2023over 1 year ago

Amount Raised

$27 Million

TorontoSoftware

Description

Contrary to what you might’ve heard, the era of large seed rounds isn’t over — at least in the AI sector.

Company Information

Company

CentML

Location

Toronto, Ontario, Canada

About

“Machine learning costs, talent and chip shortages… any AI and machine learning company faces at least one of these challenges, and most face a few at a time,” Pekhimenko told TechCrunch in an email interview. Microsoft is facing a shortage of the server hardware needed to run AI so severe that it might lead to service disruptions, the company warned in a summer earnings report. ’s led some companies, including OpenAI, Google, AWS, Meta and Microsoft, to build — or explore building — their own custom chips for model training. The platform attempts to identify bottlenecks during model training and predict the total time and cost to deploy a model. Beyond this, CentML provides access to a compiler — a component that translates a programming language’s source code into machine code that hardware like a GPU can understand — to automatically optimize model training workloads to perform best on target hardware. CentML isn’t the first to take a software-based approach to model optimization.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech