HPC-AI Tech, a San Francisco, CA-based AI startup specializing in software infrastructure and video generation, has raised $50 million in Series A funding. 

Investors 

The investors in the round include Singtel Innov8, Sinovation Ventures, Capstone Capital, Greater Bay Area Homeland, Lingfeng Capital, and Stony Creek Capital. 

HPC-AI Tech Use of Funds 

The new funding will accelerate the development of HPC-AI Tech’s platforms and grow its client base to 300 in the next three years.

About HPC-AI Tech 

Founded by Yang You, HPC-AI Tech focuses on developing AI software infrastructure and tools, particularly for high-performance computing (HPC) and artificial intelligence (AI) applications. Its flagship products, Colossal-AI and Open-Sora, are designed to enable enterprises to manage and scale large AI models such as GPT and LLaMA. In addition to its open-source initiatives, HPC-AI Tech offers two commercial platforms: one for managing AI model training, fine-tuning, and deployment, and another for video generation, allowing users to create everything from short TikTok-style clips to full-length films. Notable clients include AWS, Alibaba, IBM, Intel, Grab, Panasonic, VIVO, Geely Auto, Bosch, Lambda Labs, and Oracle. 

Funding Details 

Company: HPC-AI Technology Inc. 

Raised: $50.0M 

Round: Series A 

Funding Date: September 2024 

Investors: Singtel Innov8, Sinovation Ventures, Capstone Capital, Greater Bay Area Homeland, Lingfeng Capital, Stony Creek Capital 

Company Website: https://hpc-ai.com/  

Software Category: AI Solutions and Video Generation 

Source: https://www.businesswire.com/news/home/20240930418520/en/