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Modular secures $100M to build tools to optimize and create AI models

TechCrunch

Bringing Modular’s total raised to $130 million, the proceeds will be put toward product expansion, hardware support and the expansion of Modular’s programming language, Mojo, CEO Chris Lattner says. “The compute power needed for today’s AI programs is massive and unsustainable under the current model,” Lattner said.

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Summary from the 30 July Analyst Forum

CTOvision

Second was Dr. Bourne, reasoning that answers to big data problems can come from anywhere either cofounded in a journal, a pandemic modeling article, or a 15 year old who was published in a leading journal.Third Nolte pointed out that there are now technically illiterate students and technologists with little worldliness.