Cast AI raises $108M to get the max out of AI, Kubernetes and other workloads

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The crush of traffic going into training and running AI has quickly turned into a major cost and resource headache for organisations. Today, Cast AI — a startup building tools to ease and optimise AI and other workloads with automation — is raising a major round of funding on the back of its strong growth and partnerships with major players in the space. 

The company has raised $108 million — a Series C that it will be using both for more R&D as well as to expand its business both in core markets like the U.S., as well as elsewhere. We…



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Cast AI raises $108M to get the max out of AI, Kubernetes and other workloads


The crush of traffic going into training and running AI has quickly turned into a major cost and resource headache for organisations. Today, Cast AI — a startup building tools to ease and optimise AI and other workloads with automation — is raising a major round of funding on the back of its strong growth and partnerships with major players in the space. 

The company has raised $108 million — a Series C that it will be using both for more R&D as well as to expand its business both in core markets like the U.S., as well as elsewhere. We…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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