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DeepNewz, mobile.
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Lightning AI has successfully raised $50 million in funding to enhance its PyTorch framework, aimed at simplifying and scaling AI development for enterprises and developers. This investment is expected to accelerate innovation within the artificial intelligence sector, allowing for advanced AI solutions. The funding comes at a time when several AI startups are securing significant financial backing, highlighting a growing trend in the industry. Lightning AI's platform is designed to improve iteration speed for users, with a focus on providing robust tools for AI development.
Congratulations to the team at @LightningAI for their recent round of funding 🎉 I have been privileged of having worked with some of their engineers directly and learning from them! https://t.co/DW8QG4XsvN
Today's $100M+ funding news in AI: $30M to @wordware_ai — AI development $6.3M to @youramigoai — AI clone $50M to @LightningAI — AI hosting and deployment & 6 more AI startups. Read about what they're building: https://t.co/SLoxxGGIQr
Just as the holiday season begins, a sleighful of companies unveiled large funding rounds. Of course, it was led by two well-known AI startups — including @xai, which had its second massive haul of cash in just six months. https://t.co/tybTJ1P8dZ
