MMithril builds an AI omnicloud platform that aggregates multi-cloud GPUs, CPUs, and storage into a single virtual pool to run distributed AI workloads. Access is through a unified interface (REST API, CLI, and Python SDKs), with options to run jobs at market rates, bid for interruptible spot capacity, or reserve resources at real-time prices. It differentiates itself by spanning multiple providers to create a transparent AI compute market and by offering a managed batch inference service to improve cost-per-task for large AI jobs. The goal is to make AI infrastructure flexible and broadly accessible, turning rigid compute into a fluid, universally usable resource for researchers, startups, and large organizations.
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Industries
Company Size
11-50
Company Stage
Series A
Total Funding
$80M
Headquarters
Palo Alto, CA
Founded
2017
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Total Funding
$80M
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In addition to new compute types, Mlfoundry is working on additional technical integrations with Nebius to make it even easier for Foundry customers to provision exactly the compute they need.
MITH, an integrated platform empowering creators to connect deeply with their communities, is poised to launch its beta on Sui in May 2024.
Today, Foundry, a new breed of public cloud for AI/ML workloads, announced $80M in seed and Series A funding to orchestrate the world’s compute capaci
PALO ALTO, Calif.--(BUSINESS WIRE)--Today, Foundry, a new breed of public cloud for AI/ML workloads, announced $80M in seed and Series A funding to orchestrate the world’s compute capacity, rendering it universally accessible and useful. The round was co-led by Sequoia Capital and Lightspeed Venture Partners, with participation from Redpoint, Microsoft Ventures (M12), Conviction, NEA, and other leading technical and commercial minds from the industry. Foundry is building to ensure humanity maximizes the utility of the computing power we already have, and will produce. Shaun Maguire, partner at Sequoia Capital, on why he led the seed and co-led the Series A rounds of Foundry: “Building AI infrastructure is uniquely relevant right now and highly complex to build, requiring profound technical expertise in areas traditionally seen as separate, like; deep learning, distributed systems, the economics of energy, finance, as well as market theory and mechanism design. What Jared and the team at Foundry are building is at the forefront of innovation in the world of public clouds for AI/ML workloads and will deeply influence the ecosystem for years to come.". Founded by alumni from DeepMind’s core Deep Learning Team and Stanford’s CS PhD program (a group led by Databricks co-founder Matei Zaharia), Foundry tackles the core economic and technical challenges in AI and deep learning
LOS ANGELES, Feb. 1, 2024 /PRNewswire/ -- Muus Collective, Inc. ("Muus"), an entertainment studio creating experiences that span mobile games and digital collectibles, announced today that they are the recipient of the groundbreaking Web3 Music Accelerator program led by Warner Music Group (Nasdaq: WMG), the global music and entertainment company, and Polygon Labs , a growth and development team in support of the Polygon network. The program, announced this summer , aims to power the next generation of innovation at the intersection of Web3 and music. Polygon Labs and WMG have selected Muus Collective and MITH for the Accelerator, two projects building the future of the music x Web3 ecosystem on the Polygon network.Muus Collective has created a playable platform for engagement, inspiration, and connection. Post this Muus Collective LogoMuus Collective , founded by Sarah Fuchs and Amber Bezahler , brings together like-minded communities over a love of style
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Industries
Company Size
11-50
Company Stage
Series A
Total Funding
$80M
Headquarters
Palo Alto, CA
Founded
2017
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs