compute optimization AI News & Updates

Gimlet Labs Raises $80M Series A for Multi-Silicon AI Inference Optimization Platform

Gimlet Labs, founded by Stanford professor Zain Asgar, has raised an $80 million Series A led by Menlo Ventures for its multi-silicon inference cloud platform. The software orchestrates AI workloads across diverse hardware types (CPUs, GPUs, high-memory systems) to improve efficiency by 3x-10x, addressing the massive underutilization of existing data center infrastructure. The company already has eight-figure revenues and partnerships with major chip makers including NVIDIA, AMD, Intel, and Cerebras.

Inception Raises $50M to Develop Faster Diffusion-Based AI Models for Code Generation

Inception, a startup led by Stanford professor Stefano Ermon, has raised $50 million in seed funding to develop diffusion-based AI models for code and text generation. Unlike autoregressive models like GPT, Inception's approach uses iterative refinement similar to image generation systems, claiming to achieve over 1,000 tokens per second with lower latency and compute costs. The company has released its Mercury model for software development, already integrated into several development tools.