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The Beat: AI adoption fuels funding for Chicago startups

Summary by The Business Journals
In the latest edition of The Beat, we look at a couple of Chicago startups that pulled in new funding to begin the year.

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The Business JournalsThe Business Journals

The Beat: AI adoption fuels funding for Chicago startups

In the latest edition of The Beat, we look at a couple of Chicago startups that pulled in new funding to begin the year.

·United States
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Startups News | Tech NewsStartups News | Tech News

TrueFoundry raises $19M in Series A funding led by Intel Capital to simplify AI infrastructure - Tech Startups

With the surge of generative AI, moving machine learning models from development to production has become a bigger challenge. Enterprises face issues like governance, data privacy, and rising infrastructure costs—especially with GPU orchestration and scaling models—which slow down innovation. Now, […] The post TrueFoundry raises $19M in Series A funding led by Intel Capital to simplify AI infrastructure first appeared on Tech Startups.

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RocketNewsRocketNews
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BizTocBizToc

Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale

TrueFoundry, a startup run by a group of former Meta engineers to help enterprises deploy AI systems at scale, has raised $19 million in fresh investment

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TechCrunchTechCrunch

Intel Capital fuels TrueFoundry's $19M funding to help boost AI deployments at scale

TrueFoundry, a startup offering enterprises a platform to deploy compound AI systems at scale, as raised $19 million in a Series A round led by Intel Capital.

·United States
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VerdictVerdict

TrueFoundry secures $19m funding to enhance AI deployment

TrueFoundry has secured $19m in Series A funding to enhance its capabilities in deploying and managing AI applications at scale.

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AI TechParkAI TechPark

TrueFoundry Raises $19M Series A to Scale AI with Autopilot Agent - AI-Tech Park

With funding led by Intel Capital, TrueFoundry empowers enterprises to build and deploy AI applications with unparalleled efficiency and governance TrueFoundry, a leading AI deployment and scaling platform, today announced it raised $19 million in Series A funding, led by Intel Capital. Existing investors Eniac Ventures and Peak XV’s Surge (formerly Sequoia Capital India &

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TechCrunch broke the news in United States on Thursday, February 6, 2025.
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