Austria’s Ora Computing secures €3.5 million to make AI models smaller and faster

Vienna-based Ora Computing, a startup specialising in optimising and compressing AI foundation models, today announced the close of a €3.5 million Seed round in order to grow the team, extend compression capabilities to the largest frontier models, and launch a commercial product for cloud inference providers and companies deploying AI. The round was led by […] The post Austria’s Ora Computing secures €3.5 million to make AI models smaller and faster appeared first on EU-Startups .