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$42.1 million poured into startup offering energy-efficient solutions for costly and unwieldy operational data and AI workloads
The funding infusion sharpens a mission to make hyperscale analytics radically cheaper and greener at the very moment enterprises fear ballooning data‑center power bills.
The funding infusion doesn’t just add to the Chicago startup’s already hefty war chest; it sharpens a mission to make hyperscale analytics radically cheaper and greener at the very moment enterprises fear ballooning data‑center power bills. The startup has doubled its revenues for three consecutive years and appointed Henry Marshall, formerly CFO at space-infrastructure firm Loft Orbital, to steer its financial operations, signaling that Ocient is entering a formal growth stage. Gladwin says the next growth wave will come from automotive sensor analytics and climate‑intelligence modeling, where current workflows rely on supercomputers; Ocient’s architecture could cut those costs by at least 75%, enabling more frequent risk analyses for insurers and agribusinesses.
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