Recogni’s logarithmic AI backed by Juniper Networks

Juniper Networks Inc. has participated in AI startup Recogni’s US$102 million Series C round of financing co-led by Celesta Capital and GreatPoint Ventures.

Juniper has said it will collaborate with Recogni, which was founded in 2017 with a mission to create energy-efficient AI accelerators based on a logarithmic number system it calls Pareto.

The collaboration will focus on AI inference compute for hyperscalers, compute service providers and enterprises across cloud environments and in data centers.

“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 a statement. “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.”

Marc Bolitho, CEO of Recogni, said that the collaboration would allow the world’s largest models to run at “unprecedented speed, accuracy and efficiency.”