This AI Startup Wants to Solve the Chip Shortage. Google and Nvidia Are On Board

Nvidia Corp. and a Google venture fund are among the investors in a seed funding round for CentML, a startup that develops software to enhance the efficiency of machine learning systems. The company, which aims to increase the computing power of specialized processors used in AI training, raised $27 million in the round.

Other participants in the funding round included Gradient Ventures, Radical Ventures, Deloitte Ventures, and Thomson Reuters Ventures. The investment could potentially help to alleviate a significant bottleneck in the rapidly growing field of AI.

Key takeaways

Nvidia Corp. and a Google venture fund have participated in a seed funding round for startup CentML.
CentML develops software to help machine learning systems work more efficiently.
The startup raised $27 million from investors including Gradient Ventures and Radical Ventures.
Deloitte Ventures and Thomson Reuters Ventures also participated in the financing round.

This AI Startup Wants to Solve the Chip Shortage. Google and Nvidia Are On Board

Key takeaways

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