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TensorWave - 1 — - 1 Darrick Horton - 1 Piotr Tomasik - 1 Tomasik - 1 Ambati - 1 Tom Outerbridge - 1 Lisa Rizzolo - 1
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☆ TensorWave wants to break Nvidia's dominance in AI compute. Here's an exclusive look at the pitch deck it used to raise $43 million.
  + stars: | 2024-10-08 | by ( Riddhi Kanetkar | ) www.businessinsider.com   time to read: +2 min
TensorWave has raised $43 million for its AI cloud service platform. BI got an exclusive look at the 9-slide pitch deck used to secure the funding. AdvertisementTensorWave, a startup providing a cloud platform for AI applications that runs on chips designed by an Nvidia rival, has raised $43 million in funding. AdvertisementThe startup's pitch deck, shared exclusively with BI, states that "buyers desperately need an alternative for AI compute infrastructure." Check out the 9-slide pitch deck TensorWave used to secure the fresh funding.
Persons: TensorWave, —, Darrick Horton, Piotr Tomasik, Tomasik Organizations: AMD, BI, Service, Nvidia, Maverick Capital, Translink Capital, Venture Partners, AMD Ventures Locations: Vegas
☆ EverestLabs is using robotic arms and A.I. to make recycling more efficient
  + stars: | 2023-08-08 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com   time to read: +2 min
Until now, determining what exactly is in the vast mess of garbage that arrives at recycling plants has been a dirty and difficult job. Now, companies such as AMP Robotics, Machinex, Recycleye and a California-based startup called EverestLabs are using AI and robotics to do just that. "Because of AI, because of the robotic arms, we have seen plants recover 10, 20, 30% more than what they have been doing previously," said JD Ambati, CEO of EverestLabs. "They have been losing millions of dollars to the landfill, and because of AI, they were able to identify the value of the losses and deploy robotic arms to capture that." Add to that robotic arms, which he says recover the packaging three to four times more effectively than humans.
Persons: Ambati, Tom Outerbridge, Lisa Rizzolo Organizations: AMP Robotics, Labor, SMR, Translink Capital, NEC, Future, Sierra Ventures, Morado Ventures, Xplorer, CNBC Locations: California
☆ This startup helps Microsoft and P&G make their products more sustainable. Check out the 14-slide pitch deck Makersite used to raise $17.5 million.
  + stars: | 2022-10-18 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +3 min
A startup that helps companies build more sustainable products just raised $17.5 million. We got an exclusive look at the 14-slide pitch deck it used to raise the Series A round. A German startup that enables companies to assess the sustainability of their products before going to market just landed 18 million euros (around $17.5 million) in its first institutional raise. Makersite uses AI to create software-based replicas of product designs using technology known as digital twins. Check out the 14-slide pitch deck Makersite used to raise the fresh funds below.
☆ SINAI Technologies raises $22 mln backed by Energize Ventures
  + stars: | 2022-09-27 | by ( Juliette Portala | ) www.reuters.com   time to read: +2 min
SummarySummary Companies SINAI helps companies cut emissions and reallocate capitalArcelorMittal, Natura, Toshiba, Siemens among SINAI customersPresidio Ventures, NEC Translink Capital take part in roundSept 27 (Reuters) - U.S.-based SINAI Technologies, which produces technology to help companies measure carbon emissions and recommends ways of mitigating them, has raised $22 million from investors including Energize Ventures to fund growth, it said on Tuesday. "But it's ultimately up to the (companies) to decide where they are going to invest." Eileen Waris, principal at Energize Ventures, said that SINAI had cut through a climate space which could be considered as "crowded" by early-stage companies. "I have no doubt they will make it to the next round of funding," she stated. Register now for FREE unlimited access to Reuters.com RegisterReporting by Juliette Portala ; Editing by Carolyn Cohn and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.
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