Nvidia, Dell back $200M round for AI model developer doubleAI
SiliconANGLE
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DoubleAI, an AI developer based in Tel Aviv, raised $200 million in a Series A round led by Lightspeed and Bessemer, with participation from Nvidia and Dell. Its AI model Maxwell optimizes software code efficiency by rewriting binaries, improving performance in applications like Nvidia's cuGraph and pandas. DoubleAI plans to commercialize Maxwell to help enterprises reduce hardware usage in AI workloads.
