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.
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names may be trademarks of their respective owners.
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SOURCE Recogni
