Amnon Shashua's AI Startup DoubleAI Unveils First Product
Translated & summarized from TheMarker by baba
Amnon Shashua's AI startup DoubleAI launched its first product, Maxwell, a system that optimizes GPU performance to cut AI companies' hardware costs. The three-year-old company has raised $220 million and used half to buy 1,000 Nvidia B300 chips for its own use.
The story in 5 lines · by baba
- DoubleAI, founded by Amnon Shashua, launched its first product, Maxwell, on Monday.
- Maxwell is an AI system designed to reduce hardware costs for AI companies by optimizing GPU performance.
- The startup has raised $220 million since its founding three years ago.
- DoubleAI purchased 1,000 Nvidia B300 chips for its internal computing needs.
- The company aims to optimize graphics processing units through real-time code modifications.
Three years after its establishment, Amnon Shashua's artificial intelligence startup, DoubleAI, has revealed its first commercial product. The system, named Maxwell, is designed to make real-time changes to code, optimizing the performance of graphics processing units (GPUs) to reduce hardware expenses for AI companies.
DoubleAI, co-founded by Shashua and other industry veterans, announced the launch on Monday. The company, which has raised approximately $220 million since its inception, has previously published research and feasibility studies for its technology. DoubleAI stated that it has allocated half of its raised capital to purchase 1,000 Nvidia B300 chips for its internal computing needs.