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About Naveen Rao

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Latest Naveen Rao News

AI Startup MosaicML Comes Out Of Stealth To Aid AI Developers

Mar 30, 2022

Naveen Rao, ex-Nervana and Intel, leads the new company focused on improving the efficiency of AI Training Training a deep neural network takes a lot of computational horsepower. Billions of trillions of multiplications and additions calculate “weights” which are eventually used to apply the “learning” to new inputs, and yield accurate predictions and classifications. Open.ai used thousands of high-performance GPU’s for over three months to train the 175-billion-parameter GPT-3 transformer model, at an estimated expense of nearly $12 million. So, while AI models are exploding in size, the costs are becoming prohibitive. GPT-4, which is probably still a couple years out, is rumored to have 100 trillion parameters, or 500 times the size of GPT-3. Now obviously, Open.ai, the non-profit research group leading the charge, cannot spend 500 x $12M= $6B to train the network. Hardware innovations designed for massive models such as those invented by NVIDIA and Cerebras Systems will be necessary, but not sufficient: algorithmic optimization will play a critical role. Enter Naveen Rao and his new company, MosaicML. The leadership team of MosaicML (L-R): Naveen Rao, Michael Carbin, Julie Shin Choi, Jonathan ... [+] Frankle, and Hanlin Tang. MosaicML Rao, who founded Nervana in 2014 and sold it to Intel in 2016 for some $408M, believes there is a better way than using brute compute force to train larger AI models, and he has founded MosaicML to help the AI community reimagine the training process. Given the increasing cost and environmental impact of AI computation, his timing may be perfect once again. What is MosaicML? Rao believes he and his team can spread a revolution in training AI models by offering their expertise and techniques as a service to institutions developing complex Artificial Intelligence models. The company’s mission is to help clients and the AI community improve quality (prediction accuracy), lower costs, and save time. As a beginning, MosaicML is offering tools to make efficient training methods accessible to data scientists. The company expects to generate revenue by offering model optimization as a service. This is not the sort of optimization effected by low-level close-to-the-hardware kernels, but rather the algorithmic techniques such as sparsity and network pruning. MORE FOR YOU

Naveen Rao Investments

1 Investments

Naveen Rao has made 1 investments. Their latest investment was in XOKind as part of their Seed VC on December 12, 2019.

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Naveen Rao Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/12/2019

Seed VC

XOKind

$1.67M

Yes

1

Date

12/12/2019

Round

Seed VC

Company

XOKind

Amount

$1.67M

New?

Yes

Co-Investors

Sources

1

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