aiXplain Raises $6.5M in Series A to Enhance AI Development Infrastructure
aiXplain operates as an “agent of agents,” effectively combining, organizing, and executing AI assets and tasks.
Company Name: aiXplain
Location: San Jose, CA, USA
Sector: Technology, Artificial Intelligence
Funding Details: Raised $6.5M in Series A funding, bringing the total amount to $16.5M. The round was led by Wa’ed Ventures, with participation from Osama Elkady and Kane Minkus.
Purpose of Investment: To expand operations and further development efforts.
Leadership: Led by CEO and Founder Hassan Sawaf.
Product: aiXplain is a comprehensive platform and marketplace for AI development that supports businesses worldwide in building, fine-tuning, and benchmarking AI models. The platform offers access to custom-built AI assets and third-party assets from major AI technology providers like OpenAI, Google, AWS, Azure, and others. It hosts over 40,000 AI assets across more than 55 functions, pipelines, and tools, making it a substantial resource for developers and businesses.
About Company: aiXplain operates as an “agent of agents,” effectively combining, organizing, and executing AI assets and tasks. It can understand and decompose complex queries, select the optimal AI models and tools for specific tasks and use cases, and build end-to-end pipelines to deliver cohesive AI solutions. Currently available in open beta, aiXplain aims to streamline the AI development process, making it more accessible and efficient for users ranging from startups to large enterprises.
Future Outlook: With the new funding, aiXplain is poised to enhance its platform capabilities and expand its reach, aiming to become a pivotal player in the global AI development landscape. This will include scaling up its operations to meet the growing demand for advanced AI solutions and continuing innovation to stay ahead in the fast-evolving AI technology sector.