Lightning AI, creator of the PyTorch Lightning framework, introduced a $50 million fairness funding from Cisco Investments, J.P. Morgan, K5 International, and NVIDIA, bringing complete funding to $103 million. The transfer accelerates Lightning AI’s mission to be ‘the working system for AI growth.’
Since launching 12 months in the past, Lightning AI has gained 240,000 customers throughout 2,000 organizations, with PyTorch Lightning surpassing 160 million downloads. Lightning’s multiplayer, cloud-based, persistent growth environments make AI (synthetic intelligence) growth – mannequin finetuning, deploying, agent constructing, and so forth – as intuitive as utilizing the iPhone.
Lightning frees enterprises and builders from the burden and expense of constructing complicated platforms whereas nonetheless integrating with machine studying (ML) instruments like Open AI, VSCode, and plenty of others.
Lightning additionally provides pay-as-you-go pricing, with a free tier that features 22 GPU hours monthly, and enterprise choices to deploy on non-public clouds with SOC2, HIPAA, and extra.
Amongst its many buyer success tales, Lightning AI lately helped a Fortune 100 firm reduce infrastructure setup time from 30 days to 2 and enabled Columbia researchers to complete a whole bunch of experiments in 12 hours as a substitute of 60 days.
Traditionally, enterprises have struggled with fragmented, in-house ML infrastructure requiring groups of engineers to keep up, which rapidly turns into outdated. Lightning AI eliminates this complexity by unifying dozens of separate instruments into one, multi-cloud platform, providing full, low-, and no-code options to coach and deploy fashions, construct clever brokers, code collectively on cloud GPUs, host AI apps and extra, securely on enterprises’ most popular cloud infrastructure.
All of that is delivered in a seamless, user-friendly expertise liked by over 240,000 AI builders, and powered by NVIDIA’s newest GPUs, together with H100s. Lightning allows organizations to construct and deploy AI in weeks not months, serving to organizations iterate rapidly regardless of a every day altering AI panorama.
The corporate proves that standardized options could be adaptable and scalable whereas retaining the pliability of customized platforms. With over 160 million downloads, PyTorch Lightning has proven that simplicity and adaptability can coexist, overcoming developer skepticism.
“Constructing your personal AI platform at present is like constructing your personal Slack—it’s complicated, expensive, and never core to your enterprise,” stated William Falcon, founder and CEO of Lightning AI. “The worth for enterprises lies of their information, area information, and distinctive fashions—not in sustaining AI infrastructure.”
“Now we have hundreds of builders single-handedly coaching and deploying fashions at a scale that might have required groups of builders with out Lightning,” stated Falcon.
As this 12 months’s chair of the PyTorch Basis’s Technical Advisory Council, Lightning AI continues to guide innovation in AI tooling. AI, or Software program 2.0, requires a paradigm shift from conventional software program growth as a result of it requires many GPUs, large datasets, and collaborative workflows. Simply as AWS grew to become the inspiration for Software program 1.0, Lightning AI is positioned to be the foundational platform for Software program 2.0.
Touch upon this text through X: @IoTNow_ and go to our homepage IoT Now