Determined AI nabs $11M Series A to democratize AI development

Deep learning involves a highly iterative process where data scientists build models and test them on GPU-powered systems until they get something they can work with. It can be expensive and time-consuming, often taking weeks to fashion the right model. New startup Determined AI wants to change that by making the process faster, cheaper and more efficient. It emerged from stealth today with $11 million in Series A funding. The round was led by GV (formerly Google Ventures) with help from Amplify Partners, Haystack and SV Angel. The company also announced an earlier $2.6 million seed round from 2017, for a total $13.6 million raised to date.