Rain AI (Series A extension)

Funding Details
Awarder
SemiNews
Date Award
May 26, 2024
Vertical
AI Hardware
Funding URL
View Funding Page
Funding Amount:
$8,100,000

Company Info
Founders
William Passo
Company Description
Rain AI is an AI chip startup led by CEO William Passo, with a mission to build the world's most cost and energy-efficient hardware for AI. GPUs have powered the AI revolution with brute force, yet AI's demand for energy remains insatiable. Rain AI is addressing this core problem via its in-memory compute proprietary technology that will bring the AI technologies of tomorrow.
Location
Gainesville, FL, US
Coinvestors
Sam Altman

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