AI startup CluustoAI completes $12 million Series A funding round

According to Golden Finance, CluustoAI, an AI infrastructure startup supported by NVIDIA, has completed a $12 million Series A funding round led by Forum Ventures, with a total financing amount of $15 million. This round of funding will be used to promote the development of decentralized AI technology, enabling enterprises to directly run AI on local and edge devices, thereby reducing cloud service dependence, improving data privacy, and cost efficiency. In addition, the funds will also be used to expand CluustoAI's edge AI solutions, including distributed AI computing architecture and improvements in AI operations and hardware compatibility.