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Juniper Networks and Recogni Announce Venture Funding and Collaboration for High Performance, Energy-Efficient and Cost-Effective Multimodal Generative AI Inference Systems

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Juniper Networks (NYSE: JNPR) has invested in Recogni as part of its $102 million Series C funding round, co-led by Celesta Capital and GreatPoint Ventures. The collaboration focuses on developing AI inference compute solutions targeting hyperscalers, compute service providers, and enterprises. The partnership aims to create cost-effective, scalable, and energy-efficient solutions for running complex AI models across cloud environments and data centers, leveraging Recogni's patented AI inference accelerator based on Pareto math.

Juniper Networks (NYSE: JNPR) ha investito in Recogni come parte del suo round di finanziamento Serie C da 102 milioni di dollari, co-guidato da Celesta Capital e GreatPoint Ventures. La collaborazione si concentra sullo sviluppo di soluzioni di calcolo per l'inferenza AI rivolte a hyperscalers, fornitori di servizi di calcolo e imprese. L'obiettivo della partnership è creare soluzioni economiche, scalabili ed efficienti in termini di energia per eseguire modelli AI complessi in ambienti cloud e data center, sfruttando l'acceleratore per l'inferenza AI brevettato di Recogni basato sulla matematica di Pareto.

Juniper Networks (NYSE: JNPR) ha invertido en Recogni como parte de su ronda de financiación Serie C de 102 millones de dólares, co-liderada por Celesta Capital y GreatPoint Ventures. La colaboración se centra en el desarrollo de soluciones de computación para inferencia de IA dirigidas a hyperscalers, proveedores de servicios de computación y empresas. El objetivo de la asociación es crear soluciones rentables, escalables y eficientes en términos de energía para ejecutar modelos de IA complejos en entornos de nube y centros de datos, aprovechando el acelerador de inferencia de IA patentado de Recogni basado en matemáticas de Pareto.

주니퍼 네트웍스 (NYSE: JNPR)는 레코그니에 1억 200만 달러의 시리즈 C 펀딩 라운드에 투자했습니다. 이 라운드는 셀레스타 캐피탈과 그레이트포인트 벤처스가 공동으로 주도하고 있습니다. 이 협력은 하이퍼스케일러, 컴퓨팅 서비스 제공업체 및 기업을 목표로 하는 AI 추론 컴퓨트 솔루션 개발에 중점을 두고 있습니다. 파트너십의 목표는 복잡한 AI 모델을 클라우드 환경과 데이터 센터에서 실행하기 위한 비용 효율적이고 확장 가능하며 에너지 효율적인 솔루션을 생성하는 것이며, 이는 파레토 수학에 기반한 레코그니의 특허 AI 추론 가속기를 활용합니다.

Juniper Networks (NYSE: JNPR) a investi dans Recogni dans le cadre de son tour de financement de série C de 102 millions de dollars, co-dirigé par Celesta Capital et GreatPoint Ventures. La collaboration se concentre sur le développement de solutions de calcul d'inférence AI destinées aux hyperscalers, aux fournisseurs de services de calcul et aux entreprises. L'objectif du partenariat est de créer des solutions économiques, évolutives et écoénergétiques pour exécuter des modèles AI complexes dans des environnements cloud et des centres de données, en s'appuyant sur l'accélérateur d'inférence AI breveté de Recogni basé sur les mathématiques de Pareto.

Juniper Networks (NYSE: JNPR) hat in Recogni im Rahmen seiner 102 Millionen Dollar schweren Serie-C-Finanzierungsrunde investiert, die gemeinsam von Celesta Capital und GreatPoint Ventures geleitet wird. Die Zusammenarbeit konzentriert sich auf die Entwicklung von AI-Inferenz-Computing-Lösungen, die sich an Hyperscaler, Computing-Dienstleister und Unternehmen richten. Ziel der Partnerschaft ist es, kostengünstige, skalierbare und energieeffiziente Lösungen für den Betrieb komplexer KI-Modelle in Cloud-Umgebungen und Rechenzentren zu schaffen, wobei die patentierte AI-Inferenzbeschleuniger-Technologie von Recogni auf Pareto-Mathematik basiert.

Positive
  • Secured significant investment participation in Recogni's $102M Series C funding round
  • Strategic collaboration to develop advanced AI inference compute solutions
  • Access to Recogni's patented AI inference accelerator technology
Negative
  • None.

Insights

This strategic investment and collaboration marks a significant move in the AI infrastructure space. The $102 million Series C funding demonstrates strong market confidence in Recogni's AI inference technology. The partnership addresses three critical challenges in the AI industry: cost efficiency, energy consumption and performance scaling.

Recogni's Pareto math-based AI accelerator technology could potentially disrupt the current AI chip market dominated by NVIDIA. For Juniper, this investment represents a strategic expansion beyond networking into the high-growth AI infrastructure segment, potentially creating new revenue streams and competitive advantages in AI-driven networking solutions.

The collaboration's focus on hyperscalers and cloud service providers targets a rapidly expanding market segment with high demand for efficient AI inference solutions. This positions both companies to capitalize on the growing need for cost-effective AI deployment at scale.

The emphasis on energy efficiency in AI computing represents a important market differentiator. Current AI model deployment faces significant challenges with power consumption and cooling requirements, making energy-efficient solutions increasingly valuable. Recogni's approach using Pareto optimization could potentially reduce operational costs and carbon footprint for data centers running AI workloads.

The technology's promise of maintaining performance while reducing energy consumption addresses a critical industry pain point, as power usage in AI computing continues to grow exponentially. This could lead to substantial cost savings for large-scale AI deployments and improved environmental sustainability metrics for data center operators.

Scalable, innovative GenAI solutions will support the largest AI models at unprecedented per-user performance while driving down energy demands and improving accuracy

SUNNYVALE, Calif. and SAN JOSE, Calif., Nov. 12, 2024 /PRNewswire/ -- Juniper Networks® (NYSE: JNPR), a leader in secure, AI-Native Networking, and Recogni, the Generative AI Inference company, have jointly announced  Juniper's investment in Recogni and an ongoing collaboration. Juniper has participated in Recogni's $102 million Series C funding round, which has been co-led by Celesta Capital and GreatPoint Ventures.

The collaboration will focus on AI inference compute and will address the growing demand from hyperscalers, compute service providers and enterprises for a cost-effective, scalable, energy-efficient solution to run increasingly complex AI models across cloud environments and data centers. The innovation will leverage Recogni's patented AI inference accelerator, based on Pareto math, which is designed from the ground up to optimize energy efficiency and model accuracy.

"The market for multimodal GenAI inference is accelerating rapidly and Recogni is at the forefront of exploring power efficiency without compromising performance or accuracy," said Rami Rahim, CEO of Juniper Networks. "In this phase of inference innovation, cost-effectiveness and power efficiency—aligned with scalable fabric and network solutions—are extremely important. We were impressed with the team's expertise and ability to approach complex issues with new ideas, so providing venture funding and collaboration made a great deal of sense."

"Juniper's commitment to pushing the boundaries of networking aligns perfectly with Recogni's mission to make AI more economical and accessible," said Marc Bolitho, CEO of Recogni. "We are collaborating on a solution that will allow the world's largest models to run at unprecedented speed, accuracy, and efficiency—drastically lowering total cost of ownership for our customers."

With new capital and a vision shared with innovative organizations such as Juniper, Recogni will be well-positioned to drive AI innovation forward, empowering hyperscalers, cloud service providers and enterprises to scale AI economically and responsibly.

About Recogni

Recogni is building the highest-performance, most energy-efficient Generative AI inference systems to accelerate the world's AI ambitions. Headquartered in San Jose, California, with a global presence in North America and Europe, Recogni is leading the AI revolution with a focus on delivering fast, accurate, and cost-effective systems. To learn more, visit www.recogni.com.

About Juniper Networks

Juniper Networks believes that connectivity is not the same as experiencing a great connection. Juniper's AI-Native Networking Platform is built from the ground up to leverage AI to deliver exceptional, highly secure and sustainable user experiences from the edge to the data center and cloud. Additional information can be found at Juniper Networks (www.juniper.net), or connect with Juniper on X (Twitter),LinkedIn, and Facebook

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.

Statement of Product Direction. Juniper Networks may disclose information related to development and plans for future products, features or enhancements, known as a Statement of Product Direction or Plan of Record ("POR").  These details provided are based on Juniper's current development efforts and plans. These development efforts and plans are subject to change at Juniper's sole discretion, without notice.  Except as may be set forth in a definitive agreement, Juniper Networks provides no assurances and assumes no responsibility to introduce products, features or enhancements described in this website, presentation, meeting, or publication, nor is Juniper liable for any loss arising out of reliance on the POR.  Purchasing decisions by third-parties should not be based on this POR, and no purchases are contingent upon Juniper Networks delivering any feature or functionality described in this website, presentation, meeting, or publication.

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SOURCE Recogni

FAQ

What is the size of Recogni's Series C funding round that Juniper Networks (JNPR) participated in?

Recogni's Series C funding round was $102 million, with Juniper Networks participating alongside co-leads Celesta Capital and GreatPoint Ventures.

What is the main focus of the collaboration between Juniper Networks (JNPR) and Recogni?

The collaboration focuses on developing AI inference compute solutions that are cost-effective, scalable, and energy-efficient for running complex AI models across cloud environments and data centers.

What technology will the Juniper Networks (JNPR) and Recogni partnership leverage?

The partnership will leverage Recogni's patented AI inference accelerator, which is based on Pareto math and designed to optimize energy efficiency and model accuracy.

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