Fastino raised $7M in a pre-seed funding round led by Insight Partners and M12 to develop task-optimized language models.

Nov 12, 2024•about 1 year ago

Amount Raised

$7 Million

Palo AltoNatural Language ProcessingMachine LearningArtificial Intelligence

Investors

Thomas DohmkeValorCrvNeaM12Insight Partners

Description

Fastino, a foundation AI model provider, launched with a focus on task-optimized language models. The company secured $7 million in pre-seed funding to enhance AI capabilities for enterprises.

Company Information

Company

Fastino

Location

Palo Alto, California, United States

About

Fastino is a developer-first AI company based in Palo Alto, California, building TLMs (Task-Specific Language Models) designed for accuracy, speed, and cost-predictability. Founded by experts from Google DeepMind and Apple, Fastino’s purpose-built models outperform general-purpose LLMs on real-world enterprise tasks – while running at a fraction of the compute cost.

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