FlexAI launches with $30 Million in seed funding

FlexAI, the universal AI compute company, today launched with $30 million (€28.5 million) in seed funding led by Alpha Intelligence Capital (AIC), Elaia Partners, and Heartcore Capital. The company is rearchitecting compute infrastructure to accelerate world-changing breakthroughs made possible by advancements in AI. FlexAI unlocks access to more compute and increased efficiency, with less complexity for developers. Delivered as an on-demand cloud service, FlexAI’s universal AI compute allows developers to seamlessly build and train AI applications with heterogeneous compute architectures.

FlexAI addresses the three biggest obstacles inhibiting AI innovation: a compute supply bottleneck, a global skills shortage, and complex, unreliable processes for building and deploying AI models. The company is building an entirely new layer of software intelligence, abstraction, and orchestration into the AI compute stack, enabling developers to utilize multiple hardware configurations without arduous code changes. This expands access to compute, efficiently runs AI workloads at lower costs than traditional GPU clusters, and makes it easier to build AI applications.

“We believe in AI's transformative power to solve some of humanity’s biggest problems, but it will require a 1000x magnitude more compute to be able to realize this vision,” said Brijesh Tripathi, CEO and co-founder of FlexAI. “The availability of AI compute today is limited to a select few. Our vision is to unlock access to compute for the many.”

FlexAI works with hardware leaders and cloud providers across the AI ecosystem, including AMD, Amazon Web Services, Google Cloud, Intel, and NVIDIA, as well as key companies developing AI models and products. Later this year, the company will unveil its first commercial product: an on-demand cloud service that connects developers to virtual heterogeneous compute, enabling them to run their workloads on a variety of architectures to build and deploy AI models reliably and efficiently.

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