Company
Date Published
Author
-
Word count
744
Language
English
Hacker News points
None

Summary

Deepset, a leading AI platform company, has successfully raised $30 million in fresh funding led by Balderton Capital, with participation from existing investors like GV (Google Ventures) and others. This funding will enhance Deepset's model-agnostic platform, designed to integrate large language model (LLM) features into various products across industries. The platform, known for its SOC 2 certification, allows organizations to maintain full data ownership while accelerating their market presence and gaining competitive advantages. Since its inception, Deepset has been pioneering the application of LLMs in practical use cases, with its core technology, Haystack, enabling developers to build sophisticated NLP projects by integrating various components such as LLMs, vector databases, and more. The company aims to further develop its offerings, particularly for retrieval-augmented generation applications, by improving component evaluation and making the platform suitable for customers with stringent privacy needs. With a team of 50 dedicated professionals, Deepset continues to foster a productive and supportive work environment while remaining committed to its open-source framework, Haystack.