TrueFoundry raises $19M in Series A round led by Intel Capital

Quick Summary:

TrueFoundry will utilise the fresh capital to build a universal platform to build and deploy AI applications without infrastructure hassles, along with team expansion and go-to-market efforts to drive customer acquisition.

With a developer-first approach, it simplifies the process of AI deployment, assisting data scientists to create, test, and scale independently.

For instance, it has optimised NVIDIA’s GPU usage for LLM (large language model) workloads, automating resource allocation and job scheduling to reduce idle time and improve efficiency.

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Article Details

Author / Journalist: Bhuvana Kamath

Category: StartupsEconomyBusiness

Markets: India

Topics: Build Deploy Truefoundry Policy Process Privacy Platform Infrastructure Capital Applications Deployment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 15:49:47 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 17 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 25932285

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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