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