Featherless.ai, a platform that helps run open-source AI, has raised US$20 million in a Series A funding round. The goal is to give companies more freedom and control over how they use AI.
The funding round was co-led by AMD Ventures and Airbus Ventures. Other investors include BMW i Ventures, Kickstart Ventures, Panache Ventures, and Wavemaker Ventures.
Featherless.ai is a platform that lets companies run AI models without needing to manage servers. Its goal is to make it easy to use any AI model in a simple, serverless way.
It provides a ready-to-use option instead of relying on closed, proprietary systems. The platform is based on strong research, and its founding team also created RWKV, an open-source AI architecture designed as an alternative to traditional transformer models.
Sagi Paz, Head of AMD Ventures, said: “Featherless.ai is at the forefront of a critical new phase in the development of the AI industry. By providing a strong foundation for open-source AI, it helps expand access and supports a more competitive and diverse ecosystem. We are delighted to support Featherless.ai on their journey.”
Kasper Sage, Managing Partner at BMW i Ventures, said: “As AI adoption accelerates, enterprises want more control over performance, cost, and where their data lives. Featherless.ai is making leading open models production-ready at scale.
Being able to use a variety of different models is key for future enterprise AI use cases.”
Featherless.ai will use the funding to expand its global infrastructure and grow its platform. It also plans to launch a marketplace for specialised open-source AI models.
The company will improve how its system works with different types of hardware, helping to reduce the cost of running AI models.
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