LLUMO AI, a firm specializing in artificial intelligence optimization, has successfully secured $1 million (about Rs 8 crore) in seed funding.
The funding round was led by SenseAI Ventures, with participation from India Quotient, AumVC, Venture Catalyst, IIM Indore Alumni Angel Fund, and various other angel investors.
The cash will be utilized for two main purposes: expanding into the US market and developing an enterprise-grade platform that can seamlessly connect with existing AI workflows.
LLUMO eliminates the difficulties of evaluating LLM performance in real-world situations and the high expenses linked to LLM utilization. The platform enables enterprises to decrease Generative AI expenses by up to 80% and obtain insight into LLM performance.
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LLUMO solutions consist of two exclusive miniature LLMs that have been trained using a vast amount of data points. The initial model employs prompt compression to effectively save expenses while upholding output excellence, whilst the other model, known as Eval-LM (Evaluation Language Model), evaluates the output generated by LLM without the need for reference data.
By utilizing these models, firms can enhance their LLM implementations, accomplish expedited iterations, and stimulate growth without exerting excessive financial pressure.
About LLUMO AI
Founded in 2023 by Shivam Gupta and Akshat Anand, LLUMO weeds out the hassles of the inability to assess LLM performance in real-world scenarios and the soaring costs associated with LLM usage.
