London-based Oriole Networks gets €11.6M to optimise machine learning processing: Here’s how
Summary
London-based Oriole Networks, a developer of artificial intelligence (AI) optimisation technology, announced on Thursday that it has raised £10M (approximately €11.6M) in the Seed funding round. James Regan, CEO, says, “As the demand for computing continues to increase, it is critical to find new solutions that can address these challenges in a sustainable and carbon-efficient manner. According to Oriole Networks, Large Language Models (LLMs) can be trained up to a hundred times faster, whilst consuming only a tiny fraction of the power. This is going to be an exciting journey.” Dorilton Ventures leads significant minority investments in early- to mid-stage technology companies focused on data-centric segments such as IT infrastructure, data science, and cyber security. Daniel Freeman, General Partner at Dorilton Ventures, says, “We invest in companies in the IT infrastructure, data science, and cyber security segments whose products support computationally driven businesses.
Funding
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