Tag Archives: startup

Seattle founder Vetri Vellore, who sold last startup to Microsoft, raises $26M for new AI company

Seattle tech veteran Vetri Vellore is launching a new startup with a big vision to help companies improve their productivity and backing from investors who funded his former venture. Rhythms emerged from stealth mode Thursday, announcing a giant $26 million seed round co-led by Madrona Venture Group and Greenoaks with participation from Founders’ Co-op, Accel, and Cercano (formerlyContinue reading “Seattle founder Vetri Vellore, who sold last startup to Microsoft, raises $26M for new AI company”

Google, Nvidia Back AI Startup That Helps Combat Chip Shortage

(Bloomberg) — Nvidia Corp. and a Google venture fund have joined a seed round of funding for a startup that helps developers squeeze more computing power out of specialized processors used to train AI, potentially alleviating a major logjam for the burgeoning field. CentML, which builds software to help machine learning systems work more efficiently, raised $27 million fromContinue reading “Google, Nvidia Back AI Startup That Helps Combat Chip Shortage”