Search results for TheVentures
AI & Enterprise
On-device AI startup Out of Set raises seed funding from TheVentures
TheVentures, an early-stage venture capital firm, said on May 20 it has made a seed investment in on-device AI startup Out of Set. The company develops ultra-light vertical AI models that run on devices without an internet connection, aiming to address limits of cloud AI such as privacy risks, network delays, high operating costs and server failures. Out of Set is initially targeting speech recognition and speech synthesis.
AI & Enterprise
Cellon raises seed funding to step up memory development to improve AI answer quality
Cellon, a startup developing Memory.inc to improve the quality of AI answers, said on April 29 it has raised seed funding from Primer and TheVentures. It plans to use the investment to enhance core functions and improve product completeness. The company said its solution connects internal and external data scattered across chats and services, including conversations, rules, code and emails, to raise AI answer and decision quality.
AI & Enterprise
TheVentures partners with China\'s Z.ai to jointly identify promising AI startups
TheVentures, an early-stage venture capital firm, said on Tuesday it signed a strategic memorandum of understanding with Hong Kong-listed Chinese AI startup Z.ai to support the global AI startup ecosystem. The deal aims to combine the two companies’ acceleration systems and technical infrastructure to jointly identify and nurture promising AI startups. The partners plan to provide access to Z.ai infrastructure and APIs, run scale-up mentoring, and build a community for technical exchange.