Mirendil Completes $1 Billion Series A Financing to Drive the Popularization of Cutting-Edge AI Research and Development
PR Newswire
1h ago
Ai Focus
Mirendil Announces Completion of $1 Billion Series A Financing, Led by Kleiner Perkins and Clearlake Capital; New and Existing Investors Including Battery Ventures, Doerr Capital, Gil, Co, Google, M13, Pear VC, and S32 Also Participate. The Company Says This Financing Will Help It Continue to Develop Tools to Make Cutting-Edge AI More Accessible to Scientists and Engineers.
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San Francisco, November 12th ( PR Newswire ) – Mirendil announced today that the company has completed a $1 billion Series A financing round, led by Kleiner Perkins and Clearlake Capital. New and existing investors including Battery Ventures, Doerr Capital, Gil, Co, Google, M13, Pear VC, and S32 also participated in this round of funding.

The company stated that it believes making AI more accessible is the most direct path to enabling AI to solve the most urgent problems in the fields of science and technology. The company is developing tools to promote the popularization of cutting-edge AI research and development, and to help every scientist and engineer have access to such capabilities.

Over the past three weeks, the company has shared its initial results and believes that these outcomes point to one common change: when agents take on actual work, the size of the team no longer limits what you can build. A researcher, with the help of agents, trained Mirendil-Base from scratch in just 3.5 months; this is a competitive code model with a computational cost of less than 10 million dollars. Subsequently, the company further trained it to become Fern, which can handle contexts up to 10 million tokens in length, sufficient to support the agent's work for several consecutive days. Lor is currently in the private testing phase, bringing this working method to more users: hundreds of agents can write code and run experiments continuously for several days. Mirendil runs on Lor every day.

The company stated that this round of financing will enable it to continue to move forward towards a world where an individual can undertake work that previously required a team, a team can handle tasks that once needed an institution, and companies will also be able to accelerate scientific and technological development in an unprecedentedly direct manner.

Mirendil indicates that the company is still a small team with a single focus at present. If anyone wishes to help bring the cutting-edge AI research and development benefits to everyone, they are welcome to join them; if you are interested in developing based on Mirendil, the company also welcomes inquiries. The email address is [ email protected ].

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