Niv-AI exits stealth to wring more power performance out of GPUs | TechCrunch

Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. Electricity is a key raw material for artificial intelligence, but new processing techniques outstrip the ability of data center operators to manage their relationship with the power grid, forcing them to throttle down by as much as 30%. “There is so much power squandered in these AI factories,” Nvidia CEO Jensen Huang said during a keynote speech at the company’s annual GTC customer conference. “Every unused watt is revenue lost,” the company proclaimed during the annual presentation. Today, startup Niv-AI has emerged from stealth with $12 million in seed funding to solve this problem by precisely measuring GPU power use with new sensors and developing tools to manage it more efficiently. The Tel Aviv-based startup was founded last year by CEO Tomer Timor and CTO Edward Kizis, and is backed by Glilot Capital, Grove Ventures, Arc VC, Encoded VC, Leap Forward, and Aurora. The company declined to share its valuation. As frontier labs operate thousands of GPUs in concert to train and