TitanML, a London-based AI company, has recently raised $2.8 million in pre-seed funding. The funding round was led by Octopus Ventures and supported by deep tech-focused angel investors. This investment will allow TitanML to further expand its operations and development efforts. The company, founded by Dr. James Dborin, Dr. Fergus Finn, and Meryem Arik, specializes in enabling machine learning teams to efficiently deploy large language models (LLMs).
One of TitanML's notable achievements includes the real-time deployment of the state-of-the-art Falcon LLM on a commodity CPU.
This accomplishment showcases the company's ability to deliver high-performance solutions to its clients. Additionally, TitanML has successfully partnered with industry giants like Intel and AWS, solidifying its position in the market. Its track record of reducing compute costs by up to 90% and improving latency by 20 times within hours of deployment has attracted numerous enterprise clients.
As part of their commitment to empowering machine learning teams, TitanML is launching Titan Takeoff. This innovative solution aims to streamline the deployment process of large language models, making it faster, cheaper, and easier for teams to utilize. With an impressive roster of strategic partners and a track record of achieving significant cost and latency improvements, TitanML is poised to make a significant impact on the AI industry.