Exploring Seed Funding Options for Our AI Innovation
I'm thrilled to share our latest developments in our startup: We launched our prototype and it's gaining momentum! Our previous product, currently in stealth mode, has remarkable insights. However, the GPU usage costs have skyrocketed.
Our new goal? To build an AI platform that serves as a cost-effective hub for training AI models. No one's tackling this issue, so we are the first ones to solve this issue. We already have some ties with the microchip manufacturer.
Here's the thing: While we've been self-funded until now, we're now exploring seed funding. But there's a catch – we're cautious about accelerators and VCs. I have seen them undervalue my mate's company and prioritize quick revenue over steady growth.
So how should we go about it ?
I'll drop an example post for much clearer problem statement.
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
That 5 billion looks like he pulled out of his ass. I don't think it should cost that much in training costs
Lol no but it costs quite a lot to train LLM's and open ai spend nearly quarter millions for training their model
Is this the same guy who runs coaching centre for jobs?
Yeah he's the guy
Can't forget the moment when that soft talker, corporatish, Srilankan baniya Rajan Anandan straight up asked Sama "saar saar can we give 5 million saar to Indian engineers saar from lovely professional university- India's largest university transforming education transforming India and make gpt alternative saar plz saar".
Normally i am not a jingoist but never felt so embarrassed as Indian due to a srilankan guy. Afterward that CEO of tech Mahindra who pays less to his engineers than his plumber be like "challenge accepted we will make bharatgpt". Chupkar bhai. Jaa dhanda kar
That was super cringe. Plus the salaries of techm are still the same which were in 2010 almost!
Hey, just to under stand, Cost effective hub as in you will build a platform where i can train llm model for lesser cost?
Yeah that's what we are planning on doing.
'PLANNING ON DOING"?? whats the progress ? is it still in ideation stage ?
And whats the amount you're looking to raise ?
@Birdsarentreal Would like to connect with you. Even I am looking for seed funding. And would like to know about your friends situation. My Telegram id https://t.me/no1_bizman
I think we can, however your telegram username doesn't exist the one you have mentioned above.
Check now
Is the startup founded by IIT K grads? With CSE background iirc. Jobs offers from HFTs and MSFT Redmond I think. 2023 grads?
Did you look at sparse gpt or reformer for large language models? Sparse Gpt can prune upto 90% of the model and still be highly performant. Or you can try models like Monarch Mixers and Flash Attention 2 Based Mixers for attention that significantly bring down computation time.