TitanML, a London, UK-based AI company which allows Machine Learning teams to deploy large language models (LLMs), raised $2.8M in pre-seed funding.
The round was led by Octopus Ventures alongside deep tech-focused angel investors.
The company intends to use the funds to continue to expand operations and its development efforts.
Founded by Dr. James Dborin, Dr. Fergus Finn and Meryem Arik, TitanML enables machine learning teams to efficiently deploy large language models (LLMs). The team is publicly launching Titan Takeoff, their solution that makes large language model (LLM) deployment faster, cheaper and easier for machine learning teams.
To date, the team’s achievements include the real-time deployment of state-of-the-art Falcon LLM on a commodity CPU. TitanML has also secured key strategic partners including Intel and AWS, alongside a series of enterprise clients after demonstrating up to 90% reductions in compute costs and 20x latency improvements within just hours of deployment.
FinSMEs
12/10/2023