- Tel Aviv startup doubleAI is set to debut what it calls a new category of AI that can help companies lower their computing costs.
- The company says it slashed one early customer's compute costs by 67%.
- DoubleAI has raised $220 million total from investors including Lightspeed Venture Partners, Bessemer Venture Partners, Nvidia and Dell.
- Co-founder Amnon Shashua is also CEO of Mobileye, which said in July he would step down once it names a successor.
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“has raised $220 million total”