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…