$200M in Compute Fuels Up-and-Coming AI Startups at AI2 Incubator
AI2 Incubator, spun out of the Allen Institute for AI in 2022, has secured a windfall $200 million in compute that startups going through its program can take advantage of to accelerate early development.
“Our community of hundreds of AI practitioners are desperate for compute,” said managing director Jacob Colker.
A million dollars of dedicated compute goes a long way for pre-seed startups, which is where AI2 focuses (we’ve covered WellSaid Labs, Xnor.ai, and others from their program).
Colker suggested it would cover most compute needs even for companies developing new foundation models.
They’ve helped build more than 30 startups and last year raised a $30 million fund to continue the work.
