menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cloud News

>

$115 milli...
source image

VentureBeat

1w

read

295

img
dot

Image Credit: VentureBeat

$115 million just poured into this startup that makes engineering 1,000x faster — and Bezos, Altman, and Nvidia are all betting on its success

  • Rescale, a digital engineering platform, secures $115 million in Series D funding to advance AI-powered engineering tools for faster product design and testing.
  • Investors include Applied Ventures, Nvidia, Y Combinator, with Rescale's total capital raised over $260 million.
  • Founded to empower engineers, Rescale aims to transform product design with high-performance computing and AI physics.
  • Originating from Boeing experience, Rescale's founders struggled with computing resources for complex simulations.
  • Rescale's 'AI physics' concept uses AI models trained on simulation data to accelerate computations by over 1,000 times.
  • The company's 'compute recommendation engine' optimizes workloads across various cloud architectures in real-time.
  • Rescale's enterprise customers, such as Arm and General Motors, spend over $1 billion annually on virtual product development.
  • Their roadmap includes expanding applications, enhancing data management, and enabling faster engineering through AI.
  • Rescale collaborates with Applied Materials to enhance simulation capabilities, emphasizing a shift in engineering knowledge application.
  • The company prioritizes tangible value delivery with domain-specific AI models, guided by high-profile early investors like Paul Graham and Jeff Bezos.

Read Full Article

like

17 Likes

For uninterrupted reading, download the app