Foundry

About:

Foundry is a public cloud supported by an orchestration platform designed to simplify the utilization of AI computing resources.

Website: https://www.mlfoundry.com

Twitter/X: mlfoundry

Top Investors: Sequoia Capital, Lightspeed Venture Partners, New Enterprise Associates, M12 - Microsoft's Venture Fund, Redpoint

Description:

Foundry is a public cloud supported by an orchestration platform designed to simplify the utilization of AI computing resources. Foundry addresses fundamental economic and technical obstacles encountered in AI and deep learning. Current challenges faced by businesses, such as the notable GPU scarcity and inefficient use of computing capabilities, hinder their effective utilization of resources. Foundry employs pioneering approaches to overcome these hurdles, offering scalable GPU instances with unparalleled price-performance ratios.

Total Funding Amount:

$80M

Headquarters Location:

Palo Alto, California, United States

Founded Date:

2022-01-01

Founders:

Jared Quincy Davis

Number of Employees:

11-50

Last Funding Date:

2024-03-21

IPO Status:

Private

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