HPC-AI Tech, an AI startup focused on AI software infrastructure and video generation, has raised $50 million in Series A funding. Backed by investors such as Singtel Innov8, Sinovation Ventures, and Capstone Capital, the funding positions the company for rapid expansion in the AI industry.
- Funding and Investors
The $50 million Series A round was led by prominent investors including Singtel Innov8, Sinovation Ventures, Capstone Capital, Greater Bay Area Homeland, Lingfeng Capital, and Stony Creek Capital. This investment will fuel HPC-AI Tech’s growth as a leader in scalable AI infrastructure and video generation technology. - Open-Source Projects
HPC-AI Tech’s flagship products, Colossal-AI and Open-Sora, have gained significant traction in the open-source community, with over 60,000 stars on GitHub. These platforms help enterprises scale AI workloads like GPT and LLaMA models, and Open-Sora focuses on efficient video generation. - Commercial Platforms
In addition to its open-source projects, HPC-AI Tech offers two commercial platforms:- hpc-ai.com: A platform for AI model training, fine-tuning, and deployment, often referred to as the “new DataBricks for AI.”
- video-ocean.com: A user-friendly video creation platform that enables everything from TikTok-style videos to full-length films, democratizing video production for all skill levels.
Client Base & Growth Goals:
- Impressive Client Roster
HPC-AI Tech boasts an impressive client base of 50 key clients, including four Fortune 500 companies. Some notable users include AWS, Alibaba, Intel, IBM, Grab, Panasonic, Geely Auto, and Bosch. The company aims to increase its client base to 300 within the next three years. - Growth Strategy
With the fresh funding, HPC-AI Tech is targeting a 75% annual growth rate and plans to expand its offerings across multiple industries. The funding will accelerate development on both the hpc-ai.com and video-ocean.com platforms.
Founder’s Expertise:
- Yang You, Founder & CEO
Yang You, a Presidential Young Professor at the National University of Singapore, is renowned for his expertise in AI and high-performance computing. His record-breaking achievements in ImageNet and BERT training speeds have earned him global recognition, including a spot on Forbes’ 30 Under 30 Asia list. - Vision for the Future
“With this new financial backing, HPC-AI Tech is well-positioned to lead the future of scalable AI and video creation. Our goal is to make AI technology and video production more accessible for enterprises and individuals alike,” said You.
With $50 million in new funding, HPC-AI Tech is primed to become a leading player in both AI software infrastructure and video generation. Backed by top-tier investors and a strong leadership team, the company is poised for rapid growth, with plans to expand its client base and solidify its role as a key innovator in AI.
