Oriole Networks, a London, UK-based startup using light to train LLMs, raised £10M in Seed funding.
The round was led by UCL Technology Fund, Clean Growth Fund, XTX Ventures and Dorilton Ventures. It was supported by Innovate UK Investor Partnership.
The company intends to use the funds to enhance AI performance and adoption.
Founded in 2023 by UCL scientists, Professor George Zervas, Alessandro Ottino and Joshua Benjamin, with CEO James Regan, Oriole Networks has developed a novel way of using light to connect thousands of AI chips together. Once connected, the power of each individual graphics processing units (GPUs) is combined to form a “super-brain”, which can be used to train advanced Large Language Models faster, with a thousandth of the latency, while using a tiny fraction of energy.
Oriole Networks is a spinout from University College London and its IP is licensed through UCL’s technology transfer company, UCLB.
FinSMEs
27/03/2024