https://techcrunch.com/2019/04/03/run-ai-raises-13m-for-its-distributed-machine-learning-platform/

Tel Aviv’s Run.AI, a startup that is building a new virtualization and acceleration platform for deep learning, is coming out of stealth today. As a part of this announcement, the company also announced that it has now raised a total of $13 million. This includes a $3 million seed round from TLV Partners and a $10 million Series A round led by Haim Sadger’s S Capital and TLV Partners.

It’s no secret that building deep learning models take a hefty amount of GPU power or access to specialized AI chips. Run.AI argues that the virtualization layers that worked so well for in the past don’t quite cut it for training today’s AI models.