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Sources: cloud provider Vultr is seeking to raise $1B+ to expand its AI computing capacity, after raising $333M at a $3.5B valuation in 2024 (The Information)
The Information:
Sources: cloud provider Vultr is seeking to raise $1B+ to expand its AI computing capacity, after raising $333M at a $3.5B valuation in 2024 — Vultr, one of the oldest independent cloud providers, is seeking to raise at least $1 billion in new capital so it can compete with a growing list …
Epic Microsystems, which designs power delivery architecture for better thermal and efficiency management of AI data centers, raised a $21M Series A (Chris Metinko/Axios)
Source: as part of its Google deal, Apple has full access to the Gemini model in its own data centers and can use distillation to produce smaller models (The Information)
The Information:
Source: as part of its Google deal, Apple has full access to the Gemini model in its own data centers and can use distillation to produce smaller models — Before we get to today's column, we wanted to flag OpenAI CEO Sam Altman's major reorg, the company's new “Spud” model and its decision …
Charlotte-based Lucid Bots, which manufactures autonomous drones for cleaning windows, raised a $20M Series B co-led by Cubit and Idea Fund (Rebecca Szkutak/TechCrunch)
Rebecca Szkutak / TechCrunch:
Charlotte-based Lucid Bots, which manufactures autonomous drones for cleaning windows, raised a $20M Series B co-led by Cubit and Idea Fund — Andrew Ashur, the founder and CEO of window cleaning robot startup Lucid Bots, likes to joke that his company is the antithesis of the robotics industry right now.
Google Research details TurboQuant, a quantization algorithm to enable massive compression of LLMs and vector search engines without sacrificing accuracy (Google Research)
Google Research:
Google Research details TurboQuant, a quantization algorithm to enable massive compression of LLMs and vector search engines without sacrificing accuracy — Amir Zandieh, Research Scientist, and Vahab Mirrokni, VP and Google Fellow, Google Research — We introduce a set …