Tag: Torch.AI
Torch.AI plans to expand operations, create nearly 500 jobs in Kansas City
May 10, 2021SSN Staff
LEAWOOD, Kan. —Torch.AI, a leading global artificial intelligence (AI) firm that uses machine learning to enable massively scaled, ultra-high performance data processing, has announced plans to make a significant and sustained economic investment in the Kansas City region, committing to creating nearly 500 full-time jobs over five years as part of a $27 million tax incentive package awarded by the Kansas Department of Commerce.
“Kansas is a great place for businesses to prosper with...
Torch.AI raises $30M to scale its AI-driven high-speed data processing platform
March 19, 2021SSN Staff
KANSAS CITY, Kan. – Torch.AI, a leading global artificial intelligence (AI) firm that uses machine learning to enable massively scaled, ultra-high performance data processing, announced it raised $30 million in Series A funding to accelerate its overall growth strategy.
The funding, led by Laurence Tosi’s WestCap Group, a prominent San Francisco-based investment firm, will enable the company to rapidly scale its Nexus AI platform to meet increasing demand from clients,...