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Gradient raises $10M for its AI customization and inference platform - SiliconANGLE

Oct 05, 2023 - siliconangle.com
Startup Gradient has secured $10 million in seed funding to expand its cloud platform that hosts customized versions of open-source language models. The funding round was led by Wing VC, with participation from Mango Capital, Tokyo Black, The New Normal Fund, Secure Octane, and Global Founders Capital. Gradient's platform, which includes over half a dozen open-source language models, automates much of the manual work involved in AI infrastructure management. The company also offers models optimized for specific sectors such as healthcare, finance, and legal.

The platform allows development teams to customize models by training them on their own datasets and provides an application programming interface for encoding data into embeddings. It also offers an integration with LangChain, an open-source tool that simplifies the integration of large language models into enterprise applications. The company plans to use the new funding to scale up its cloud platform and hire eight new employees by the end of the year.

Key takeaways:

  • Startup Gradient has raised $10 million in seed funding to expand its cloud platform that hosts customized versions of open-source language models.
  • The platform simplifies the process of AI infrastructure management and includes more than half a dozen open-source language models that can be customized for specific tasks.
  • Gradient's platform is used by about 20 enterprises and the company plans to use the new funding to scale up its cloud platform and hire eight new employees by the end of the year.
  • The company also provides an application programming interface for encoding data into embeddings and offers an integration with LangChain, a tool that simplifies the integration of large language models into enterprise applications.
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