Cnvrg.io

growth-positive

TruEra, a startup based in Redwood City, California, has been selected to be part of the Intel Disrupter Initiative, which provides technical partnership and go-to-market support. TruEra focuses on developing technologies for explainable AI and has raised over $45 million in funding, including investment from Hewlett Packard Enterprise. The company aims to address the challenges of AI quality and explainability, which are seen as barriers to adoption. TruEra is integrating with cnvrg.io, an Intel company, to make it easier for organizations to build, deploy, and monitor AI quality. TruEra also has a partnership with Nvidia. The company plans to continue improving its technology to enhance AI quality and accuracy.

growth-positive

cnvrg.io, an Intel company, has won the AI Breakthrough Award for MLOps Platform of the Year. They have been recognized for their AI innovations and developer-friendly tools. cnvrg.io offers AI Blueprints, which are pre-built ML pipelines, and Metacloud, a managed AI Platform. They have received continuous recognition for their technology and have partnerships with leading companies in the industry. cnvrg.io aims to expand the accessibility of AI to developers and continue their market leadership in MLOps.

growth-positive

cnvrg.io, an Intel company, has announced the release of cnvrg.io AI Blueprints, a library of ML model APIs and customizable pipelines to help developers enhance their applications with AI. The AI Blueprints are designed to address the shortage of trained AI developers and the engineering complexity of putting models in production. The market for AI software is expected to grow to $37 billion by 2025. cnvrg.io AI Blueprints are community-driven and offer a collection of AI use-cases with 100+ components. The company aims to democratize the work of data scientists and enable other developers to apply machine learning tailored to their business use case. cnvrg.io is an AI OS platform that transforms the way enterprises manage AI and data science development.

growth-positive

Intel has acquired Cnvrg.io, an Israeli company that operates a platform for data scientists to build and run machine learning models. The financial terms of the deal were not disclosed. Cnvrg.io will continue to serve its existing and future customers as an independent Intel company. Intel has been acquiring startups to strengthen its machine learning and AI operations. Last week, it acquired SigOpt, an optimization platform for machine learning modeling. Intels focus on next-generation chips and AI tools is aimed at competing against companies like Nvidia. The company reported a decline in revenues in its last quarter and is projecting significant growth in the AI silicon market.

growth-positive

cnvrg.io, the data science platform, has announced its streaming endpoints solution, allowing for one-click deployment of ML models to production with Apache Kafka. This new capability enables large-scale and real-time predictions with high throughput and low latency. The platform aims to address the technical complexity of deploying models in the right environment and architecture, which often prevents models from reaching production. The streaming architecture of producer/consumer interface with native integration to Apache Kafka and AWS Kinesis allows for fast, scalable predictions in real-time environments. The solution includes advanced model management and monitoring features. The announcement extends cnvrg.ios market footprint and builds on its partnerships with NVIDIA DGX-Ready and Red Hat unified control plane.

growth-positive

Data science platform cnvrg.io has launched a free community version of its platform called CORE. CORE is an end-to-end solution for building, managing, and automating basic ML models, with limitations on production capabilities and team size. Users can use the platform on-premise or in the cloud, with Nvidia-optimized containers running on a Kubernetes cluster. CORE aims to help data scientists focus less on technical complexity and DevOps and more on solving complex problems. The platform is code-first and is targeted towards data scientists, data engineers, and students passionate about machine learning.

growth-positive

Jerusalem-based data science startup Cnvrg.io has raised $8 million in funding to date. The funding will be used to expand the companys research and development team in Tel Aviv and its sales team in New York. Cnvrg.io develops a service for managing, speeding up, and scaling data science workflows.