Canadian co-founded Featherless AI secures $20 million USD to build open-source AI infrastructure

Featherless AI, a Canadian co-founded company, has successfully raised $20 million USD in funding to develop open-source AI infrastructure. This Series A funding round is backed by AMD Ventures and Airbus Ventures, aiming to support the expansion of open-source AI capabilities in Southeast Asia. Featherless AI focuses on creating a serverless open-source inference platform, allowing users to start building projects quickly and efficiently. The company offers a range of resources, including models, documentation, and pricing information, to support its growing community of users.

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