Prem Labs, a US-based applied research lab focused on enhancing and advancing open-source AI technologies, raised $14M in Seed funding.
Backers included a co-founder of Sequoia Capital China, David Maisel, founder and former chairman of Marvel Studios, and Alan Lipschitz, the founder of Incubeta, and others.
The company intends to use the funds to expand operations and its R&D sector.
Led by CEO Simone Giacomelli, Prem Labs provides clients with the resources to train and fine-tune their own state-of-the-art generative AI models, using data that the client is authorized to use. It also offers on-premise deployment, giving clients full ownership and control of the AI model and their data with full sovereignty and privacy.
Prem Labs also collaborates on AI research with various universities, including the University of Applied Sciences and Arts of Southern Switzerland (SUPSI) and Università della Svizzera italiana (USI).
FinSMEs
08/04/2024