SandboxAQ raised over $450 million in a Series E round to support its development of large quantitative models (LQMs) that help enterprises leverage artificial intelligence (AI) to solve scientific and quantitative challenges. Since spinning out from Alphabet in 2022, the company has raised over $950 million, SandboxAQ said in a Friday (April 4) press release. The company's newest investors [...] The post Nvidia- and Google-Backed SandboxAQ Raises $450 Million for Quantitative AI Platforms appeared first on PYMNTS.com.
NVIDIA is a California-based multinational full-stack computing company that develops GPUs and software products in areas such as AI, automotive vehicles, and robotics.