2 years ago

TitanML Raises €2.6 Million to Simplify LLM Deployment

  • TitanML, a London-based AI company, has secured €2.6 million in pre-seed funding led by Octopus Ventures and deep tech-focused angel investors

  • The funding will support the launch of Titan Takeoff, a software solution that simplifies and accelerates the deployment of large language models (LLMs) for machine learning teams

  • TitanML's technology addresses challenges faced by businesses in deploying AI models, such as GPU shortages and privacy concerns

  • The company has secured strategic partnerships with Intel and AWS and has demonstrated significant reductions in compute costs and latency improvements for its clients.

      • ProblemTechnology

      "Deploying large language models (LLMs) in-house is a time-consuming and expensive process, requiring months of work by highly skilled data scientists to optimize models for deployment. This process is often hindered by GPU shortages and privacy concerns when using third-party services like OpenAI."

      Solution

      "TitanML's flagship product, Takeoff, significantly reduces the processing requirements of high-specification models, making deployment faster, cheaper, and easier. It achieves this by optimizing models for deployment, enabling businesses to deploy LLMs with minimal trade-offs in performance."

      Covered on