Featherless.ai Raises $20M to Build Open-Source AI Infrastructure Free From Big Tech Control – AI Insider
Featherless.ai, a platform for deploying open-source AI models, has raised $20 million in Series A funding co-led by AMD Ventures and Airbus Ventures, with participation from BMW i Ventures, Kickstart Ventures, Panache Ventures, and Wavemaker Ventures.
The company supports over 30,000 open models across language, vision, and audio, positioning itself as a hardware-neutral alternative to proprietary cloud ecosystems. Its founding team created RWKV, an open-source AI architecture designed to challenge transformer dominance. Infrastructure is hosted across the U.S. and EU to meet sovereign AI and data privacy requirements.
Proceeds will fund global infrastructure expansion, a specialized open model marketplace, and deeper integration with diverse hardware including AMD’s ROCm platform. CEO Eugene Cheah said the raise signals a shift toward enterprises owning rather than renting their AI foundations.
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This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
The company supports over 30,000 open models across language, vision, and audio, positioning itself as a hardware-neutral alternative to proprietary cloud ecosystems. Its founding team created RWKV, an open-source AI architecture designed to challenge transformer dominance. Infrastructure is hosted across the U.S. and EU to meet sovereign AI and data privacy requirements.
Proceeds will fund global infrastructure expansion, a specialized open model marketplace, and deeper integration with diverse hardware including AMD’s ROCm platform. CEO Eugene Cheah said the raise signals a shift toward enterprises owning rather than renting their AI foundations.
AI Insider’s Market Intelligence platform tracks funding rounds, competitive landscapes, and technology trends across the global AI ecosystem in real time. Get the data and insights your organization needs to make informed decisions.
Insider Brief PRESS RELEASE — Legora has announced a $50 million extension of its previously announced Series D financing, bringing the total round to $600
The Elon Musk versus OpenAI trial intensified this week with two significant developments: the emergence of threatening pre-trial text messages from Musk, and testimony from
Anthropic has announced a joint venture focused on enterprise AI deployment, with Blackstone, Hellman & Friedman, and Goldman Sachs as founding partners. Additional backers include
Get the latest AI funding news, market intelligence, and industry insights delivered to your inbox weekly.
Track funding, map landscapes, and access bespoke data cuts.
Market entry playbooks, ecosystem analysis, and technology scouting.
Technical, commercial, and regulatory assessments for investors.
Gitar — Code Validation
Funding analysis, market intelligence, and industry trends delivered to your inbox every week.
Our team combines real-time data with decades of sector experience to guide your decisions.
AI Insider is a Resonance portfolio company delivering AI-focused news, market intelligence, advisory, and due diligence services to investors, enterprises, and government agencies worldwide.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
