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Monday, November 25, 2024

Lightning AI secures $50 million to streamline AI improvement


Lightning AI, creator of the PyTorch Lightning framework, introduced a $50 million fairness funding from Cisco Investments, J.P. Morgan, K5 International, and NVIDIA, bringing whole funding to $103 million. The transfer accelerates Lightning AI’s mission to be ‘the working system for AI improvement.’

Since launching 12 months in the past, Lightning AI has gained 240,000 customers throughout 2,000 organizations, with PyTorch Lightning surpassing 160 million downloads. Lightning’s multiplayer, cloud-based, persistent improvement environments make AI (synthetic intelligence) improvement – mannequin finetuning, deploying, agent constructing, and so forth – as intuitive as utilizing the iPhone.

Lightning frees enterprises and builders from the burden and expense of constructing complicated platforms whereas nonetheless integrating with machine studying (ML) instruments like Open AI, VSCode, and lots of others.

Lightning additionally gives pay-as-you-go pricing, with a free tier that features 22 GPU hours monthly, and enterprise choices to deploy on personal clouds with SOC2, HIPAA, and extra.

Amongst its many buyer success tales, Lightning AI lately helped a Fortune 100 firm minimize infrastructure setup time from 30 days to 2 and enabled Columbia researchers to complete a whole lot of experiments in 12 hours as an alternative of 60 days.

Traditionally, enterprises have struggled with fragmented, in-house ML infrastructure requiring groups of engineers to take care of, which shortly turns into outdated. Lightning AI eliminates this complexity by unifying dozens of separate instruments into one, multi-cloud platform, providing full, low-, and no-code options to coach and deploy fashions, construct clever brokers, code collectively on cloud GPUs, host AI apps and extra, securely on enterprises’ most well-liked cloud infrastructure.

All of that is delivered in a seamless, user-friendly expertise beloved by over 240,000 AI builders, and powered by NVIDIA’s newest GPUs, together with H100s. Lightning allows organizations to construct and deploy AI in weeks not months, serving to organizations iterate shortly regardless of a day by day altering AI panorama.

The corporate proves that standardized options could be adaptable and scalable whereas retaining the pliability of customized platforms. With over 160 million downloads, PyTorch Lightning has proven that simplicity and suppleness can coexist, overcoming developer skepticism.

“Constructing your personal AI platform right this moment is like constructing your personal Slack—it’s complicated, pricey, and never core to your online business,” stated William Falcon, founder and CEO of Lightning AI. “The worth for enterprises lies of their knowledge, area information, and distinctive fashions—not in sustaining AI infrastructure.”

“We’ve got 1000’s of builders single-handedly coaching and deploying fashions at a scale that might have required groups of builders with out Lightning,” stated Falcon.

As this yr’s chair of the PyTorch Basis’s Technical Advisory Council, Lightning AI continues to guide innovation in AI tooling. AI, or Software program 2.0, requires a paradigm shift from conventional software program improvement as a result of it requires many GPUs, huge datasets, and collaborative workflows. Simply as AWS grew to become the inspiration for Software program 1.0, Lightning AI is positioned to be the foundational platform for Software program 2.0.

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