November 12, 2024: Fastino Unveils High-Performance AI Models for CPUs - Fastino has launched with $7 million in funding to deliver task-optimized AI language models that efficiently run on CPUs and NPUs, eliminating the need for costly GPUs. Led by Insight Partners and Microsofts M12, this innovation promises up to 1,000x faster performance by optimizing models for specific tasks, such as data structuring and text summarization. This approach reduces energy consumption and enhances security, addressing enterprise challenges in computing power and AI integration.
