Cast AI, a startup focused on optimizing AI workloads, has raised $108 million in Series C funding, elevating its valuation to nearly $900 million. The funding supports further R&D and expansion in core markets like the U.S. and Europe. CEO Yuri Frayman emphasizes the importance of efficiency in GPU usage and highlights the startup's rapid user growth, currently serving over 2,100 clients including notable companies like BMW and Akamai. Their technology helps organizations analyze cloud capacities for optimal compute workload distribution amidst a processor shortage.
It's all about GPU, compute and electricity,
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