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Data Center News > Blog > Investments > Luffy AI Receives Investment from Momenta
Investments

Luffy AI Receives Investment from Momenta

Last updated: June 7, 2024 2:36 am
Published June 7, 2024
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Luffy AI, a Cambridge, UK-based firm which makes a speciality of adaptive AI for industrial management, acquired an funding from Momenta.

The quantity of the deal was not disclosed.

The corporate intends to make use of the funds to advance industrial processes and improve operational outcomes.

Led by CEO Dr. Matthew Carr, Luffy AI creates adaptive neural networks that enable management and adaptation on the edge. Their AI management programs can study the nuances of the method being managed and adapt to modifications over time to keep up optimum course of effectivity. Its Adaptive Intelligence Framework, pushed by neuroplasticity, gives computational effectivity and helps edge deployments of optimized industrial management functions. The expertise permits management programs to repeatedly study and adapt, making them extra resilient and efficient than conventional AI fashions. By integrating digital twin fashions with self-optimizing neural networks, Luffy’s answer gives quite a few advantages, resembling decreased upkeep prices, improved explainability, and a heightened skill to handle uncertainty or surprising occasions.

The expertise tackles advanced management challenges and opens new alternatives for machine management functions in petrochemicals, manufacturing, chemical compounds, metals and mining, and aviation industries.

FinSMEs

06/06/2024


See also  Rhinestone Raises $5M in Seed Funding

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