Execs from GitHub and Microsoft Azure invest in new AI startup that helps devs build intelligent apps

Execs from GitHub and Microsoft Azure invest in new AI startup that helps devs build intelligent apps

The news: Spice AI, a new Seattle startup that aims to help developers quickly build AI-powered software applications, raised a $1 million pre-seed round. The backers: There are several notable investors betting on the early-stage company. Madrona Venture Group led the round. GitHub CEO Nat Friedman and Microsoft Azure CTO Mark Russinovich also invested. Other institutional backers include Picus Capital, TA Ventures, Founders’ Co-op, Cardinia Ventures, and Elysium Venture Capital. The tech: The company just launched an open-source project called Spice.ai. The software lets developers create intelligent applications that continuously learn from real-time data and adapt using machine learning. The idea is to easily implement AI capabilities and avoid long development cycles. Potential use cases include optimizing grocery pickups, patient scheduling, or air conditioning, among others. The people: Co-founders Luke …
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