doubleAI raises $200 million in a Series A round, co-led by Lightspeed Venture Partners and Bessemer Venture Partners, to enhance software execution efficiency with AI technology.
doubleAI, co-founded by Amnon Shashua, has developed a new category of AI to optimize software execution and reduce computing costs. The company has successfully secured $200 million in a Series A funding round. This round was co-led by notable investors including Lightspeed Venture Partners and Bessemer Venture Partners. With this capital, doubleAI aims to improve the efficiency of software through its innovative AI models.
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Company Information
Company
doubleAI
About
DoubleAI is an AI company founded by Amnon Shashua, focused on optimizing software execution to reduce computing costs. The company has developed a new category of AI called Code Execution Models (CEMs) that operate between software and hardware to enhance performance without altering the original code. Their first product, Maxwell, verifies and improves the execution of software in real-time, achieving significant performance gains for various applications.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment doubleAI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
