Nomic AI
Work Here?
About Nomic AI
Industries
Consumer Software
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$16.5M
Headquarters
New York City, New York
Founded
2022
Overview
Company Does Not Provide H1B Sponsorship
Simplify's Take
What believers are saying
- Nomic AI's $17 million funding round ensures financial stability and innovation opportunities.
- Partnership with NatML Inc. highlights growing market interest in local AI applications.
- Nomic Embed's superior performance attracts clients seeking high-performance AI solutions.
What critics are saying
- Competition from established AI companies like OpenAI may lead to market share loss.
- Over-reliance on partnerships could pose risks if they dissolve or underperform.
- Rapid AI technology development may render Nomic's models obsolete if not updated.
What makes Nomic AI unique
- Nomic AI excels in on-device AI, exemplified by their GPT4All app.
- Nomic Embed outperforms OpenAI models in both short and long context tasks.
- Nomic AI's integration with OpenLIT enhances LLM observability and transparency.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$16.5M
Above
Industry Average
Funded Over
1 Rounds
SV Angel
Coatue ManagementGrowth & Insights and Company News
6 month growth
↓ -5%1 year growth
↑ 12%2 year growth
↑ 12%To launch, NatML Inc. has partnered up with Nomic, pioneers of the on-device AI movement, and the makers of the popular GPT4All app.
Nomic, Inc. has integrated the GPT4All Python client with OpenLIT, an OpenTelemetry-native tool designed for complete observability over your LLM Stack, from models to GPUs.
Nomic AI introduces Nomic Embed: Text Embedding model with an 8192 context-length that outperforms OpenAI ada-002 and text-embedding-3-small on both short and Long Context tasks.
Today, Nomic released Nomic Embed, the first fully open source long context embedder that outperforms OpenAI Ada-002 and OpenAI text-embedding-3-small on both short and long context tasks.
AI startup Nomic has raised $17 million in a new funding round from investors led by Coatue, the companies told Reuters.
There are no jobs for Nomic AI right now.
Find jobs on Simplify and start your career today
About Nomic AI
Industries
Consumer Software
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$16.5M
Headquarters
New York City, New York
Founded
2022
There are no jobs for Nomic AI right now.
Find jobs on Simplify and start your career today