Latent AI

Overview
News
Edge Computing?
Product stageSegments
Early
?
Edge IoT and analytics software
?

Latent AI is a technology company specializing in optimizing AI models for edge devices, making AI implementation more efficient across various applications.

Latent AI offers the Latent AI Efficient Inference Platform (LEIP) to utilize artificial intelligence (AI) and edge computing to optimize computing, energy, and memory. The company is a spin-off of SRI International, a US non-profit scientific research institute. The platform looks to benefit edge AI development by being adaptive (enhancing efficiency by improving accuracy), offering hardware agnostics, and reducing memory consumption.

Key customers and partnerships

Latent AI has forged significant partnerships to accelerate AI adoption and implementation. A notable collaboration is with Booz Allen Hamilton, aimed at enhancing AI capabilities for algorithmic warfare at the edge, which is critical for defense organizations. This partnership focuses on deploying and running AI/ML models at the tactical edge to achieve situational awareness and mission success.

In January 2024, the company partnered with Figure Eight Federal to enhance government sectors by transforming the entire Machine Learning (ML) life cycle, from optimized data labeling to the delivery of efficient and adaptive models at scale.

In August 2023, Latent AI partnered with the Scowcroft Center for Strategy and Security’s Forward Defense program to enhance decision-making through AI, data analysis, and edge computing within the framework of the JADC2 strategy.

Funding and financials

In August 2021, Latent AI raised USD 19 million in Series A funding co-led by Future Ventures and Blackhorn Ventures, with participation from Booz Allen and Lockheed Martin.

HQ location:
333 Ravenswood Avenue Menlo Park CA USA
Founded year:
2018
Employees:
11-50
IPO status:
Private
Total funding:
USD 22.5 mn
Last Funding:
USD 19.0 mn (Series A; Aug 2021)
Last valuation:
-
Key competitors
 
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