All Updates

All Updates

icon
Filter
Product updates
Funding
Trustwise raises USD 4 million in seed funding to launch Optimize:ai
Generative AI Infrastructure
Jun 18, 2024
This week:
Partnerships
MGI Tech and Predica Diagnostics collaborate to develop Predica's targeted RNA sequencing tests
Precision Medicine
Yesterday
Partnerships
Renalytix partners with Steno Diabetes Center to advance precision medicine solutions for diabetes and chronic kidney disease
Precision Medicine
Yesterday
Partnerships
Myriad Genetics and Personalis cross-license patents for tumor-informed cancer treatment tests
Precision Medicine
Yesterday
Funding
Element Biosciences raises USD 277 million in Series D funding to commercialize AVITI DNA sequencer and support AVITI24 launch
Precision Medicine
Yesterday
Funding
Jacobi Robotics raises USD 5 million in seed funding to expand capacity
Smart Factory
Yesterday
M&A
Formlabs acquires Micronics for undisclosed sum to develop next-generation SLS printers
Additive Manufacturing
Yesterday
Partnerships
Anthropic partners with Amazon Bedrock to fine-tune Claude 3 Haiku model
Foundation Models
Yesterday
Funding
Lemon.markets raises EUR 12 million in funding to support growth
FinTech Infrastructure
Yesterday
M&A
Kipu Quantum acquires PlanQK platform to enhance accessibility to quantum computing solutions
Quantum Computing
Yesterday
Partnerships
Quantinuum and STFC Hartree Centre partner to enhance quantum computing accessibility in UK
Quantum Computing
Yesterday
Generative AI Infrastructure

Generative AI Infrastructure

Jun 18, 2024

Trustwise raises USD 4 million in seed funding to launch Optimize:ai

Product updates
Funding

  • Trustwise, a startup focused on GenAI application performance and risk management, has launched its flagship product, Optimize. It raised USD 4 million in seed funding led by Hitachi Ventures, with participation from Firestreak Ventures and Grit Ventures.

  • Optimize is a GenAI application performance and risk management solution that provides an API to eliminate risks and reduce costs associated with deploying LLMs in enterprise environments. It aligns with major AI standards and regulations. 

  • Optimize features three main components: THEO (trustworthy high-efficiency optimizer) to monitor safety and alignment, red teaming, and model selection; APIs and datasets; and AI safety and alignment controls. Trustwise claims that Optimize can cut AI costs and risks by up to 15x, achieving an 80% reduction in LLM and compute costs.

  • Trustwise AI specializes in developing tools that ensure the safe, aligned, and efficient use of GenAI, providing a universal API for responsible AI deployment across various data and compute environments​

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.