Replicate has filed a notice of an exempt offering of securities to raise $39,999,970.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Replicate is raising $39,999,970.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Ben Firshman played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Replicate
Machine learning doesn’t need to be so hard. Run models in the cloud at scale. Replicate lets you run machine learning models with a few lines of code, without needing to understand how machine learning works. Machine learning can do some extraordinary things. Replicate’s community of machine learning hackers have shared thousands of models that you can run. With Replicate and tools like Next.js and Vercel, you can wake up with an idea and watch it hit the front page of Hacker News by the time you go to bed. You’re building new products with machine learning. You don’t have time to fight Python dependency hell, get mired in GPU configuration, or cobble together a Dockerfile. That’s why we built Cog, an open-source tool that lets you package machine learning models in a standard, production-ready container. Deploying machine learning models at scale is horrible. If you’ve tried, you know. API servers, weird dependencies, enormous model weights, CUDA, GPUs, batching. If you’re building a product fast, you don’t want to be dealing with this stuff. Replicate makes it easy to deploy machine learning models. You can use open-source models off the shelf, or you can deploy your own custom, private models at scale.
To learn more about Replicate, visit http://replicate.com/
Contact:
Ben Firshman, Chief Executive Officer
415-650-0699
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