- Grid AI, a NYC-based company that enables companies of all sizes to train state-of-the-art AI models on hundreds of cloud GPUs and TPUs, raised $18.6m in Series A funding
- The round was led by Index Ventures with participation from Bain Capital Ventures and Firstminute
- The company also intends to use the funds to build its core technologies and grow its New York-based team
- Lightning gives AI researchers, data scientists and machine learning engineers the flexibility to iterate on research ideas faster
- It also used by 400+ organizations, ranging from small startups to Fortune 500 companies and many top academic and AI research labs
- As a platform for training models, Grid extends the power of PyTorch Lightning and makes it possible for any company to have access to state-of-the-art AI services
