Corvic AI has successfully secured $12 million in seed funding and introduced its AI cognitive infrastructure, which converts raw proprietary enterprise data into actionable insights.
This innovative solution aims to address the difficulties enterprises encounter when attempting to produce reliable outcomes by supplying large language models (LLMs) with fragmented data from unstructured reports, databases, and dynamic real-world inputs, as stated by Corvic AI Co-Founder and CEO Farshid Sabet in a press release.
“Instead of reinventing models, we focus on elevating complex, proprietary data into AI-ready data making it more digestible and actionable for LLMs,” Sabet said. “Corvic AI is defining the missing layer in enterprise AI: end-to-end AI Cognitive Infrastructure that powers generative AI applications at scale.”
The solution leverages the company’s proprietary technologies to go beyond simple data retrieval, orchestrating multistep analytics that seamlessly integrate with existing enterprise infrastructures to provide reliable AI insights, according to the announcement. Developed in stealth mode, this solution is currently being assessed and integrated by companies in various sectors, including advanced manufacturing, industrial, financial services, and life sciences, as mentioned in the release.
The seed funding round was led by M Ventures and Bosch Ventures. M Ventures Principal Ilja Aizenberg noted in the release that Corvic AI’s solution effectively extracts intelligence from complex data environments, enhances decision-making capabilities, and offers industries significant opportunities for substantial operational and strategic advancements.
Bosch Ventures Managing Director Ingo Ramesohl said in the release that Corvic AI delivered an “outstanding performance” at the Open Bosch GenAI Challenge 2024 and that Bosch Ventures sees “strong potential in their platform.”
In September, Corvic AI received the GenAI Championship Special Award, and Open Bosch announced in a press release that the jury was impressed by the company’s solution, which facilitates faster and more informed decision-making.
“Their Semiconductor Expertise Assistant (SEA) tackles a key challenge in semiconductor design, where experts typically perform over 100 complex ‘is/is-not’ analyses annually, each taking around two weeks,” the Sept. 18 press release said. “Corvic’s SEA automates this process using AI-driven insights from databases, images and knowledge graphs, significantly streamlining root cause analysis.”
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