Petuum Closes $93 Million in Series B Funding Led by SoftBank

PITTSBURGH, PA – October 10, 2017 – Petuum, Inc., a machine learning (ML) infrastructure platform, has closed $93 million in Series B funding led by a subsidiary of SoftBank Group Corp. (“SoftBank”), with participation from previous investor Advantech Capital. Petuum has raised a total of $108 million, making it one of the best-funded early-stage AI startups. Despite all the hype about machine […]

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