Google, Nvidia Back AI Startup That Helps Combat Chip Shortage

  • CentML raises $27 million from a clutch of investors
  • The startup helps AI training systems operate more efficiently

A Nvidia Corp. chip.

Photographer: I-Hwa Cheng/Bloomberg
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Nvidia Corp. and a Google venture fund have joined a seed round of funding for a startup that helps developers squeeze more computing power out of specialized processors used to train AI, potentially alleviating a major logjam for the burgeoning field.

CentML, which builds software to help machine learning systems work more efficiently, raised $27 million from investors including Google’s Gradient Ventures and Radical Ventures. Deloitte Ventures and Thomson Reuters Ventures also took part in the financing, the startup said in a statement.