Fractal Invests $20 Million in Asper.AI for Global Expansion
Fractal has announced a $20 million strategic investment in its product company, Asper.AI, as stated in a press release. The funding is aimed at scaling Asper.AI's product development and expanding its enterprise customer base globally.
Pranay Agrawal, Co-Founder and CEO of Fractal, expressed enthusiasm about the investment, highlighting Asper.AI's growth and innovation over the past three years. The investment will support Asper.AI's vision of building an autonomous growth AI platform, attracting experienced talent, and expanding product offerings.
Asper.AI, co-founded by Mohit Agarwal, focuses on providing AI solutions for consumer goods and manufacturing sectors. The platform leverages AI for interconnected and automated decisions across demand forecasting, revenue growth management, inventory planning, and sales execution. With this investment, Asper.AI aims to enhance its capabilities and deliver transformative AI solutions to enterprises worldwide.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Funding
Oct 2 Broadcom Agrees to Lend Anthropic Up to $42 Billion Oct 2 PaleBlueDot AI Raises $200 Million at $3.2 Billion Valuation Oct 2 Photon Raises $4.5 Million for Messaging Based AI Agents Oct 1 Satlyt Raises $8 Million for Satellite AI Software Oct 1 Clio Acquires Judicial AI Provider Learned HandAI Funding Brief
Whitepaper
Tensordyne Napier: What If One Rack Could Do the Work of Nine?
Tensordyne
This Tensordyne whitepaper presents Napier, an inference-focused AI processor and rack-scale system based on the company’s TDN Math logarithmic number system. It examines infrastructure requirements for large mixture-of-experts and agentic models, compares major inference architecture approaches, and details the TDN AIP processor, TDN72 pod, TDN Link fabric, and Napier Ultra configuration. The paper reports simulation-based performance, cost, and accuracy-validation results, including Tensordyne’s projected comparison of one Napier rack with a nine-rack Nvidia Rubin plus Groq deployment; the chip is reported as taped out and in fabrication.
Read moreYou may also like
Profound Raises $180 Million at $1.8 Billion Valuation
Axya Raises C$17 Million for AI Procurement Platform
Decimal AI Raises $4 Million for Customer Support Engineering Platform
Brahma AI Raises $150 Million for Research and Global Expansion
Expanse Raises $5.3 Million for AI Compute Planning Software
Daily AI Brief: the AI news that matters, in your inbox.