Founded by two Stanford professors and led by a former Google employee, Aihatmakertechcrunch is a Silicon Valley startup that builds a big data and machine learning platform for large enterprises. This company has raised a Series D funding round led by SoftBank Vision Fund 2.
Series D funding round led by SoftBank Vision Fund 2
Several venture capital companies have recently received funding from SoftBank Vision Fund 2 in a Series D round. This includes Labelbox, Fetch Rewards, Whatfix, and InfStones. This round also includes existing investors and backers.
Labelbox is an enterprise machine learning applications company. The company has raised $189 million in venture funding to date. Labelbox chose SoftBank as its lead investor. The company has also secured funding from Sequoia, Andreessen Horowitz, and Snowpoint Ventures. They also chose Databricks Ventures to strengthen their partnership.
Fetch Rewards is an e-commerce platform that provides a rewards program for shoppers. Its app has recently doubled its user base to 13 million. The company has partnered with a host of companies, including Coca Cola, Kellogg’s, and Amazon. Its new funding round brings the total funding to $578 million.
About SambaNova
Founded in November 2017 by a team of industry luminaries, SambaNova Systems is a startup based in Palo Alto, California that is building a new type of hardware and software architecture for AI. This hardware-software combination can be deployed in the data center or the cloud, making it ideal for running AI applications from afar. SambaNova is funded by SoftBank Vision Fund 2 and Intel Capital.
SambaNova’s DataScale is a multi-faceted AI-powered platform that delivers unmatched capabilities in the training and inference of AI. It features next-generation processors and optimized algorithms that deliver efficiency across applications. It also features native Kubernetes support and a Linux-based software stack.
The company’s flagship product is Dataflow-as-a-Service, which uses a pre-trained deep learning model to provide AI functionality in naasongs.net an extensible platform. It is a subscription-based service that allows organizations to tap into SambaNova’s AI system to accelerate their data center, reduce expenses and focus on their business objectives.
Founded by two Stanford professors
Founded by two Stanford professors, Coursera is an online education company that offers thousands of free courses to university students worldwide. It offers everything from SEO to master’s degrees in computer science.
Coursera’s online classes have attracted hundreds of thousands of students in the last year. The company is valued at $1.6 billion. It has received millions of dollars in funding, and will continue to receive millions more. It has partnerships with 16 research universities. Coursera expects to attract millions more students worldwide in the next several years.
Coursera was launched by Stanford professors Daphne Koller and Andrew Ng in 2011. They wanted to develop an online learning company that would make it easier for students to learn. Their classes generally include short video segments, exercises, and quizzes.
Machine learning and big data platform
Founded by industry luminaries and Stanford professors, SambaNova Systems is building the industry’s most advanced AI hardware and software platform. Their flagship product, DataScale, was designed to deliver high performance computing, unmatched capabilities and efficiency across applications. It is designed to be used by organizations to accelerate their existing data centers, augment their AI capabilities and improve hit rates, yield and discover time.
In order to achieve this goal, SambaNova has built a reconfigurable “dataflow” architecture. The system runs an open-source software stack, SambaFlow, and uses next-generation processors. The reconfigurable architecture eliminates the need to interface with RAM, which is a key bottleneck in many AI applications. The result is that the system is much more efficient and powerful than rival offerings. Moreover, it delivers six times more performance than a similarly configured Nvidia DGX A100, enabling companies to take advantage of cutting-edge deep learning models.
Scale
Founded by Stanford University, SambaNova Systems is a company that is taking a different approach to the AI challenge. They’re building a purpose built enterprise-scale AI platform that can be used for training AI applications and accelerating the shift to an AI-enabled world.
Conclusion
The company has been able to take advantage of the latest advances in AI to develop a new generation of AI software and hardware systems that enable organizations to reimagine their approach to AI. Their latest offering is called the Dataflow-as-a-Service. It provides enterprises with a powerful integrated AI software-defined hardware platform that includes pre-trained deep learning models. The system also features a custom protocol that allows SambaNova to scale as needed. The company has also secured funding from a host of investors, including SoftBank Vision Fund 2* and Intel Capital.
