Petuum

Generative AI and machine learning solutions provider

Pittsburgh, Pennsylvania, United States

About Petuum

Petuum specializes in generative artificial intelligence and large language models, providing tools and frameworks for organizations to integrate advanced AI and machine learning into their operations. Their platforms, such as CASL and LLM360, allow clients to have complete control over their AI infrastructure, enabling customized and efficient deployment of AI solutions. Unlike many competitors, Petuum offers both proprietary and open-source initiatives, catering to a diverse range of clients from research institutions to large corporations. The company's goal is to foster transparency and trust in AI development, as demonstrated by their open-source models like CrystalCoder and Amber, which support collaborative research. With a strong team of AI experts and significant funding, Petuum aims to push the boundaries of AI research while providing cost-saving solutions for their clients.

Pittsburgh, PennsylvaniaHeadquarters
2016Year Founded
$105.1MTotal Funding
SERIES_BCompany Stage
Enterprise Software, AI & Machine LearningIndustries
11-50Employees

Benefits

Competitive salary
Remote opportunities
Unlimited PTO
Immigration assistance
Flexible hours
Medical insurance
Career growth
Stock options

Risks

Competition from similar open-source AI companies may reduce Petuum's market share.
Rapid AI advancements could make Petuum's offerings obsolete without continuous innovation.
Economic downturns might impact Petuum's ability to secure future funding.

Differentiation

Petuum offers a no-code AI platform for easy application development.
Their Symphony AI platform supports decentralized environments, enhancing edge computing capabilities.
Petuum's open-source initiatives foster transparency and collaborative AI research.

Upsides

Growing demand for AI explainability boosts Petuum's transparency-focused solutions.
AI democratization trends align with Petuum's no-code development platform.
Increased AI adoption in healthcare presents opportunities for Petuum's predictive analytics solutions.

Funding

Total raised$105.05 M
Latest valuation$465.00 M
StageSERIES_B