Modular looks to boost AI mojo with $100M funding raise

AI startup Modular has raised $100 million in funding, bringing its total funding to $130 million, with the goal of fixing AI infrastructure for developers through its Modular AI runtime engine and Mojo programming language for AI. The company aims to simplify the complex deployment of AI across different hardware, making it easier to develop and deploy machine learning workloads. The Modular AI engine enables AI workloads to be accelerated and portable across hardware, while Mojo provides a single programming language to support existing Python code with required performance and scalability.

venturebeat.com

Relevant topic timeline:

8/29/2023

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Posted 8/24/2023, 3:45:00 PM