University of Toronto startup CentML has secured $37 million CAD in seed funding and support from investors as it looks to help companies determine what hardware can be used to enhance performance and lower the cost of ML models, BetaKit reports.

Co-founder and CEO Gennady Pekhimenko is a University of Toronto assistant professor, an ML systems expert, and a Vector Institute for AI faculty member. He founded CentML in 2022 alongside a group with past experience working in AI, compilers, and ML hardware at Amazon, Google, Nvidia, and IBM.

Read the full story in BetaKit.