From Yahoo Finance: 2025-05-24 15:00:00

Seattle-based ElastixAI, founded by former Xnor engineers, raises $16 million from investors, including FUSE. The startup focuses on AI inference, a costly deployment pain point. CEO Rastegari, a former Apple and Meta scientist, leads the team, emphasizing flexibility and cost reduction in inference infrastructure. ElastixAI aims to revolutionize AI inference.



Read more at Yahoo Finance: Ex-Apple Engineers Behind $200M Xnor Deal Launch ElastixAI, Secure $16M To Revolutionize AI Inference Across Devices