Normal Computing, a New York-based startup building a full-stack probabilistic compute infrastructure enabling artificial intelligence, raised $8.5M in Seed funding.
The round was led by Celesta Capital and First Spark Ventures, with participation from Micron Ventures.
The company intends to use the funds to advance its commitment to helping large companies use technologies like Generative AI in real-world contexts, and support the research and development of its application development platform and Probabilistic AI technology.
Led by CEO Faris Sbahi, Normal Computing builds full-stack infrastructure to solve the most critical applications for enterprise and government, backed by its Probabilistic AI technology. Normal is supporting use-cases where risk has been a central barrier to AI adoption. These systems encompass a wide range of applications, which include automating complex underwriting processes, where policies may involve numerous locations with specific guidelines. Additionally, they can enable autonomous workflows for generating and validating specialized code that adheres to mission-critical constraints and unique idioms for custom and confidential codebases. Moreover, they can assist in mitigating risks in an airline’s supply network, even in dynamic and ever-changing conditions.
Normal is initiating pilots with Fortune 500 across multiple verticals, now targeting key sectors like semiconductor manufacturing, supply chain management, banking and government agencies.
FinSMEs
13/06/2023