The open-source project is owned by the creators of VLLM. announced He spun off the popular tool into a VC-backed startup, Inferact, and raised $150 million in seed funding at a valuation of $800 million. The round was co-led by Andreessen Horowitz and Lightspeed Venture Partners, confirmed TechCrunch. earlier reporting That vLLM has raised capital…
Naveen Rao, former head of AI at Databricks, has raised $475 million in seed capital for his new startup, Unconventional AI, at a valuation of $4.5 billion. The round was led by Andreessen Horowitz and Lightspeed Ventures, with participation from Lux Capital and DCVC. This is the first tranche towards the target of up to…
One area outside of AI where investors are still bullish is expense management fintech, at least if the ramp to 2025 is judged. Every few months, Ramp raises another huge amount at another huge new valuation. On Monday, the fintech announced it had raised $300 million led by Lightspeed, which also included an employee tender…
