All Updates

All Updates

icon
Filter
Funding
Partnerships
GenAI model optimizer Martian raises USD 9 million; partners with Accenture to integrate technology
Generative AI Infrastructure
Sep 17, 2024
This week:
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Generative AI Infrastructure
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Data Infrastructure & Analytics
Today
M&A
Rise Up acquires Yunoo and expands LMS monetization capabilities
EdTech: Corporate Learning
Yesterday
Product updates
Uber releases five new features for holiday travel season
Travel Tech
Yesterday
Funding
Apaleo raises EUR 20 million in growth equity funding to accelerate expansion
Travel Tech
Yesterday
Partnerships
Acai Travel partners with Hopper to enhance call center operations with AI technology
Travel Tech
Yesterday
Product updates
BrightEdge releases AI capabilities to monitor and analyze brand presence in Google AI Overview search results
Marketing Automation
Yesterday
Funding
Converge Bio raises USD 5.5 million in seed funding to develop LLM model for drug discovery
AI Drug Discovery
Yesterday
Partnerships
Verge Genomics to develop two ALS drug targets chosen by Eli Lilly ALS Therapeutics
AI Drug Discovery
Yesterday
Funding
OceanWell raises USD 11 million in Series A funding to build water farms
Conservation Tech
Yesterday
Generative AI Infrastructure

Generative AI Infrastructure

Sep 17, 2024

GenAI model optimizer Martian raises USD 9 million; partners with Accenture to integrate technology

Funding
Partnerships

  • GenAI model router Martian raised USD 9 million in a funding round led by NEA, with participation from Prosus Ventures, Carya Venture Partners, General Catalyst, and Accenture Ventures.

  • Funds were earmarked to bolster development efforts and expand operations. Additionally, Accenture will integrate Martian's dynamic routing capabilities with Accenture's switchboard services, enhancing AI systems for clients.

  • Martian, launched in November 2023, claims to be the world’s first LLM router developer. The router allows enterprises to utilize the best-performing LLM based on their request type, helping to reduce GenAI usage costs. Martian is used by 300+ engineers across companies such as Amazon and Zapier.

  • Analyst QuickTake: Martian claims that its LLM router outperforms GPT-4 on performance and reduces costs by 20%–97%. The company’s solution is notably different from other GenAI infrastructure players seeking to optimize LLM performance. For example, Arthur ’s "Scope" solution enables enterprises to detect data drift, model bias, and policy compliance.

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.