HPC-AI Tech Completes $6 Million Seed and Angel Round Fundraising, Led by BlueRun Ventures in the Angel Round
HPC-AI Tech is a global company focusing on High Performance Computing and Artificial Intelligence. The entities of HPC-AI Tech were registered in Delaware (USA) and Singapore. It has built a world-class team with core members from top universities (e.g., the University of California, Berkeley, Stanford University, etc.) and leading companies around the world (e.g., Google, Microsoft, Nvidia, IBM, Intel, etc.).
HPC-AI Tech strives to increase AI productivity and build a world-class distributed AI development and deployment platform that enables supercomputers and cloud platforms to serve AI at a much lower cost. Based on years of academic achievements and industrial accumulation, HPC-AI Tech has developed an efficient large AI model training and inference system, Colossal-AI, to deal with the pain points in the industry. HPC-AI Tech will be dedicated to the deep integration of software system design and hardware architecture, offering efficient AI deployment services in a manner of high integration, automatization, and intellectualization.
As cutting-edge AI models are getting larger, the budgets for training and deploying AI models are getting unaffordable both for enterprises and individuals. It can even lead to spending huge amounts of money on supercomputer clusters or hiring experts, it is difficult to apply large-scale AI models efficiently.
To this end, HPC-AI Tech has developed a user-friendly deep learning system, Colossal-AI, that enables companies to maximize the efficiency of AI deployments while drastically reducing costs. Colossal-AI integrates many advanced technologies such as multi-dimensional tensor parallelism, sequence parallelism, heterogeneous memory management, large-scale optimization, adaptive task scheduling, etc.
Since being open source, Colossal-AI has reached NO.1 in trending projects on Github and Papers With Code several times, together with other projects that have as many as 10K stars. Furthermore, Colossal-AI always keeps increasing the availability of AI solutions for industries and is already showing tremendous potential across a variety of fields including medicine, autonomous vehicles, cloud computing, retail, and chip production.
“The global market size of AI is valued at hundreds of billions of dollars and it’s growing fast due to an increase in demand for improving efficiency and productivity of society. HPC-AI Tech’s solution can help enterprises and users effectively reduce the cost of big AI model training and inference, making large AI models more accessible, and thus benefiting wider society. We will continue to explore more effective industrial solutions of large AI models to democratize complicated large model techniques and empower AI enabled businesses. ”
— — Yang You, the Chairman of HPC-AI Tech
“With the rapid evolution and development of AI models, AI is capable of effectively solving various kinds of problems in the industry. However, enterprises face high costs in the training, maintenance, and inference of AI models. To enable customers to effectively integrate extensive AI capabilities into the enterprise lifecycle, HPC-AI Tech has developed an open source efficient deep learning system, that allows users to significantly improve model training and inference efficiency. As an early investor of HPC-AI Tech, BlueRun Ventures is glad to see that HPC-AI Tech has started to develop at a high speed and has been recognized by more and more users in terms of its product and global open source ecology. HPC-AI Tech is believed to grow into a globally renowned AI company and empower various industries with AI in the near future.”
— — Jimmy Shi, Venture Partnership at BlueRun Ventures China
About HPC-AI Tech
HPC-AI Tech is a global company focusing on High Performance Computing and Artificial Intelligence. The company was founded by Dr. Yang You, who is the Presidential Young Professor at the National University of Singapore and received his Ph.D. in Computer Science from UC Berkeley.
HPC-AI Tech has developed an efficient large AI model training and inference system, Colossal-AI, that integrates many advanced technologies such as multi-dimensional tensor parallelism, sequence parallelism, heterogeneous memory management, large-scale optimization, adaptive task scheduling, etc. By using Colossal-AI, we could help users to efficiently and quickly deploy large AI model training and inference, reducing large AI model training budgets and scaling down the labor cost of learning and deployment.