Petuum's mission is to virtualize and standardize AI and ML programming and computing, and transform it into a simple-to-use, transparent, repeatable, and everyday tool for all enterprises.

Together with our clients and developers, we enable vertical AI and ML solutions in healthcare, utilities, manufacturing, telecommunications, internet, autonomous driving, and beyond.

About Petuum

Artificial intelligence and machine learning technologies are widely considered as the new driving force of higher productivity, better service, lower cost, and faster delivery across industries such as healthcare, utilities, manufacturing, telecommunications, internet, and even basic science and research. However, today’s AI and ML solutions are expensive, high-maintenance, skill-intensive, difficult to reproduce, and hard to mass distribute – essentially, hand-crafted black boxes. Therefore, there has been limited adoption of AI and ML in enterprises from a broader industry perspective.

Petuum aims at dramatically improving the adoption rate by lowering the barrier to AI and ML solutions, turning them into a commodity with lower total cost of ownership, and making them readily accessible and deployable, throughout a wide spectrum of industries. We view AI and ML software not as one-off, task-specific craftsmanship that is created by big teams of talent inside corporate research and development labs, that rely on heavy engineering, intense tuning, and special hardware – but as a robust and general software platform that can go out of the lab or beyond customized hardware, and towards different industries to become part of their basic infrastructure.

Petuum’s goal is not only about democratizing the processes underlying the creation of AI systems - but to reach out and put practical AI into the hands of every organization that needs it.

INVESTORS

Advantech Capital | Tencent | Northern Light Venture Capital | Oriza Ventures

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