An funding by Classic Fund, the Israeli enterprise capital fund finest generally known as an investor in different Israeli funds, in a nearly unknown AI firm from Miami was revealed a number of days in the past in a quick press launch. Not a lot is understood in regards to the firm, based by CEO Yuri Frayman and CTO Leon Kuperman, aside from the truth that it reached a valuation of a $1 billion earlier this week in an funding of a number of tens of hundreds of thousands of {dollars} from Singapore.
Solid AI develops software program that manages the usage of graphics processors (GPUs), thereby additionally permitting it to save lots of on the variety of processors that they should purchase or lease. That is truly software program that manages the usage of AI cloud sources, akin to these from firms like Microsoft, Google, Oracle and Amazon. in addition to native AI clouds that may transfer computing sources from place to position, flip off or activate AI servers, or enhance or lower the variety of processors used to carry out AI operations like operating brokers and coaching fashions.
Solid AI’s finish buyer is the event infrastructure operations supervisor (devops), who’s liable for allocating utilization to computing wants and saving prices within the enterprise. Till now, such managers have linked to load administration functions from the finops world, firms that monitor the utilization of varied computing sources and allow value financial savings, however Solid AI’s resolution permits all masses within the varied clouds to be managed from one place with out the necessity to change code or configuration.
The benefit lies within the mobility of computing masses between platforms
The benefit of Solid AI’s resolution is it releases the corporate from the “closed store” of cloud firms, which means that any longer firms won’t be restricted to utilizing Microsoft, Amazon or Oracle clouds however will be capable of transfer computing masses between platforms comparatively rapidly. Nevertheless, it requires the cloud suppliers to conform to this. One in every of them is Oracle, an organization the place one in every of Solid AI’s founders, Leon Kuperman, was beforehand employed, and which advantages from knowledge processing site visitors from different cloud firms’ prospects. The corporate, as talked about, is managed from Miami but additionally has a growth heart in Sarona, Tel Aviv with 20 workers.
Solid AI has raised about $200 million to this point, with the newest spherical introduced earlier this week involving Pacific Alliance Ventures (PAV), the US company funding arm of a Korean group referred to as Shinsegae. The quantity raised was not disclosed, however it’s estimated to be within the tens of hundreds of thousands of {dollars}, and the spherical raised the corporate’s valuation to about $1billion. Based on PitchBook, final April Solid AI raised $108 million in a spherical led by SoftBank and the G2 fund of Kleiner Perkins alumni at a valuation of $900 million. Israel’s Classic is among the earlier buyers within the firm, becoming a member of the funding as a part of the Sequence B spherical in 2023, following the funding by Swedish fund Creandum, by which it itself has invested.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on January 14, 2026.
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