On EQT Ventures Investment in Pruna AI — Making AI Faster, Cheaper, and Greener
By Carl Svantesson, Partner, EQT Ventures
It is undisputed that generative AI is sweeping through the world right now and that the potential for what we believe this technology can achieve only goes as far as the limit of our imagination.
On the flip side of this revolution, the amount of resources, money and energy required to put into training — and use –- AImodels is increasing exponentially, making the new tools expensive and unsustainable. In this context, the need for optimizing the models becomes not only evident, but essential.
This is where Pruna AI comes in. By using several optimization techniques paired with the hardware used by most AI development teams, Pruna AI can make your model faster, cheaper and greener, according to your preference.
Giving powerful optimization capabilities into the hands of all developers
- The solution enables all developers to build great applications with efficient ai models, without taking time from development
- Further, it is accessible, simple to use and deploy (one line of code), and cost-efficient
- It also supports the open-source community, a commitment that the founders feel strongly about.
Faster, cheaper, and greener
The value proposition is elegantly simple — Faster, cheaper and greener.
- Faster — Speeding up the go-live of applications that end users will love
- Cheaper — reducing development cost and enabling businesses, big and small,to achieve the full potential that AI models can bring to their activity
- Greener — Addressing important questions around the growth of AI by reducing energy consumption and the carbon footprint of AI models.
A quote that stuck with me from co-founder Bertrand is,
“If all Germans were to produce 5 pages with GPT-4o every day for a year, the equivalent energy of two nuclear power plants would be needed”
Which simply puts the finger on the need for optimization. If you want to see for yourself you can check out his calculator realised by Huggingface!
A brilliant team with a genuine and strong vision
- An international team building a European powerhouse starting by combining the Paris and Munich ecosystems.
- Led by subject-matter experts coming out of the Technical University of Munich.
- From the first time I met the founding team, I found inspiration from their genuine drive to democratize these capabilities, to empower and enable developers to build great applications in a sustainable way.
The fantastic team including Rayan, Bertrand, Stephan and John are set out to build the AI Optimization Engine and, so far, only scratched the surface into their vision. I am very much looking forward to joining the ride and being part of this success story.
At EQT Ventures, we are actively investing in AI tooling and infrastructure. If you are building in the space, please reach out to carl@eqtventures.com.
Let’s go and Smash some models!!!