- Pure Storage acquires stake in visual AI provider LandingAI.
- Investment aims to advance vision AI solutions for enterprise customers.
- Collaboration enhances AI strategy, offering optimized training environments and upgraded storage solutions.
- LandingAI, led by CEO Andrew Ng, brings extensive expertise in AI development.
- Flagship product LandingLens enables quick and easy deployment of computer vision solutions.
- Partnership poised to drive significant advancements in AI/ML capabilities.
- Financial details undisclosed; existing investors include Intel, Samsung, and Insight Partners.
- Pure Storage reports 20% year-on-year sales increase in first quarter.
Main AI News:
Pure Storage has secured a share in LandingAI, a leading visual AI provider. This strategic move reflects Pure Storage’s commitment to shaping the future of vision AI for enterprise clientele. By investing in LandingAI’s multi-modal Large Vision Model (LVM) solutions, Pure Storage aims to enhance its AI strategy, empowering customers with optimized training environments and upgraded storage solutions tailored for AI applications.
The collaboration between Pure Storage and LandingAI signifies a significant step towards advancing AI/ML capabilities for enterprise customers. With LandingAI’s expertise in domain-specific LVMs and Pure Storage’s robust infrastructure, businesses can expect groundbreaking advancements in AI-driven solutions.
LandingAI, founded by CEO Andrew Ng in 2017, boasts a distinguished pedigree in the AI landscape. Ng, known for his pivotal roles at Coursera, Google Brain, and Baidu, brings invaluable experience to the table. LandingAI’s flagship product, LandingLens, empowers users to streamline the development and deployment of computer vision solutions with unparalleled ease and efficiency.
“Our partnership with Pure Storage underscores our commitment to delivering cutting-edge AI solutions,” remarked Ng. “As enterprises increasingly rely on AI to process diverse data formats, our collaboration will address their evolving needs effectively.”
Rob Lee, CTO at Pure Storage, echoed Ng’s sentiments, emphasizing the transformative potential of the partnership. “By leveraging LandingAI’s expertise, we are poised to drive significant advancements in AI/ML capabilities, delivering tangible benefits to our customers,” stated Lee.
While the financial details of Pure’s investment in LandingAI remain undisclosed, the backing from industry stalwarts such as Intel, Samsung, and Insight Partners underscores the confidence in LandingAI’s trajectory. As Pure Storage continues its upward trajectory, fueled by a 20 percent year-on-year sales increase, the partnership with LandingAI positions the company for sustained growth and innovation in the AI landscape.
Conclusion:
Pure Storage’s strategic investment in LandingAI signals a pivotal moment in the AI market. By leveraging LandingAI’s expertise, Pure Storage is poised to deliver groundbreaking advancements in AI/ML capabilities, catering to the evolving needs of enterprise customers. This partnership underscores the growing importance of AI-driven solutions in the business landscape, positioning both companies for sustained growth and innovation.
