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EdgeRunner AI, a San Francisco based startup, has launched with a $5.5 million seed funding round led by Four Rivers Group and supported by Madrona Ventures and strategic angels. The funding will be used to develop EdgeRunner AI's platform, which offers transparent models for edge computing without the need for internet access. This technology aims to revolutionize how Gen AI is deployed in enterprises for personalized and domain-specific applications.
EdgeRunner AI's approach involves creating small, task-specific open models that can run on any chip, transforming them into Ultra-Efficient Language Models (UELMs). This enables organizations to utilize AI models locally on devices, leading to enhanced performance, data privacy, low latency, and reduced power consumption. The company's CEO, Tyler Xuan Saltsman, emphasizes the importance of transparency in AI models to address biases and ensure usability and safety.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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