EdgeRunner AI, a new startup building Generative AI for the edge, announced today its official launch and the closing of a $5.5 million seed funding round led by Four Rivers Group with participation f...
SEATTLE: EdgeRunner AI, a new startup building Generative AI for the edge, announced today its official launch and the closing of a $5.5 million seed funding round led by Four Rivers Group with participation from Madrona Ventures and strategic angels. The funding will go towards building EdgeRunner AI’s innovative platform, powered by state-of-the-art transparent models designed to operate seamlessly on any device or hardware without requiring internet access. This technology will transform how enterprises and organizations responsibly deploy Generative AI, providing them with hyper-personalization and domain specific use cases.
"The challenge with Generative AI today lies in its broad applicability without addressing specific business needs," said Tyler Xuan Saltsman, Co-Founder and CEO of EdgeRunner AI. "At EdgeRunner, we empower organizations to own their AI. From my military experience in Eastern Europe, I saw the need for personalized, domain specific, and secure AI in isolated environments. Black box proprietary models are aligned to the cloud rather than the user. Understanding the biases within these opaque models is complex and critical for both usability and safety. Our approach ensures full transparency of models from weights and code to architecture and datasets, that doesn't require you to move your data and can run on any device and chip.”
By developing small, task-specific open models optimized for any chip, EdgeRunner AI elevates SLMs (Small Language Models) into Ultra-Efficient Language Models (UELMs). This allows organizations to run AI models locally on any device or hardware, resulting in improved performance, increased data privacy, near zero latency, and reduced power consumption, for a better, more sustainable future.
“Enterprises and governments don’t need GPT-5 or AGI. What they need is to responsibly deploy Generative AI to solve their real-world business challenges using multiple small, task-specific open models working together to create swarm intelligence,” said Colton Malkerson, Co-Founder & COO of EdgeRunner AI.
For more information about EdgeRunner AI’s groundbreaking technology and partnership opportunities, please visit www.edgerunnerai.com.
About EdgeRunner AI
EdgeRunner AI is a transformative startup on a mission to build Generative AI for the edge that is safe, secure, and transparent. EdgeRunner AI develops small, task-specific Ultra-Efficient Language Models (UELMs) that operate without needing internet access, improving data privacy, security, and compliance. By providing Generative AI solutions that run locally on any device or hardware, EdgeRunner AI enables enterprises and organizations to leverage AI technology responsibly, without compromising performance or security. EdgeRunner AI is backed by a $5.5 million seed round led by Four Rivers Group with participation from Madrona Ventures and strategic angels.
Fonte: Business Wire
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