Remove Budget Remove Software Improvement Remove Virtualization
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Exafunction aims to reduce AI dev costs by abstracting away hardware

TechCrunch

According to Run:AI, 38% of companies had an annual budget for AI infrastructure — including hardware, software and cloud fees — exceeding $1 million as of October 2021. Perhaps paradoxically, as your software improves, you need to simulate even more iterations in order to find corner cases. The costs add up.

Hardware 243
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Trio Of New, Cloud-Native IPOs Highlight Push To Modernize Digital Infrastructure In A Post-Covid World

Battery Ventures

Pre-Covid, most enterprises were in what I call “lift and shift” mode: They focused mainly on shifting some existing applications and virtual machines into big public-cloud services like those run by Amazon Web Services, Google and Microsoft Azure. Many enterprises did this cloud-dabbling to save money on certain functions and processes.