Kvarko Fund, which aims to support innovative start-ups, has invested 1 million PLN in Deepstributed. This company, in turn, deals with the development of artificial intelligence, among others, creates a platform for conducting experiments related to machine learning. Kvarko bets on modernity Wroclaw-based fund Kvarko believes in success of Deepstributed. The company is currently building a platform for conducting experiments related to machine learning (ML), using distributed computing resources and users' graphics cards. The solution is expected to be revolutionary for the industry as it will make such activities cheaper. "In contrast to other cloud computing solutions, the Deepstributed platform is a true hybrid cloud, dedicated to projects using artificial intelligence, combining the advantages of using public and private clouds and their own local and distributed computing resources" - Kvarko's project was conveyed to Money.pl. - Efficient operation of IT systems in industries using AI and Big Data depends on efficient algorithms that analyze and process data, often in near real time. Existing solutions often require the use of computing centers and supercomputers of the latest generation, as well as the purchase or lease of expensive server farms, which makes them expensive and time-consuming - says Dr. Paweł Wielgus, President of the Kvarko Fund. - The Deepstributed platform, integrated with most clouds available on the market, changes certain paradigms in the field of machine learning, facilitating and popularizing access to this technology. This will enable the expansion of its application spectrum and ultimately accelerate development in many industries, he adds. Deepstributed Deepstributed is a startup founded by a group of experts in machine learning and cloud computing. The company is also a member of the Swiss gas pedal MassChallenge. Its offices are located in Wroclaw and near Lausanne. - The popularity of cloud computing is growing faster and faster. In a few years, the vast majority of companies using ML will move their operations to the cloud. The competition is fierce, so what matters is not only appearing on the market, but also gaining advantage through innovation of the solution - says Paweł Świątek, PhD, president and co-founder of Deepstributed. - Thanks to Kvarko's investment, we will be able to intensify our work on the development of the platform - mainly resource management methods, task queuing and implementation of advanced techniques ensuring security and confidentiality of transmitted and processed data - he adds. Tags polish startups artificial intelligence machine learning
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