Tel Aviv-based doubleAI releases its debut code execution model to optimize GPU and CPU performance; doubleAI raised $220M and acquired 1,000 Nvidia B300 chips (Belle Lin/Wall Street Journal)

Tel Aviv-based doubleAI released its debut code execution model to optimize GPU and CPU performance. The startup raised $220M and acquired 1,000 Nvidia B300 chips. The company is positioning its new model as a way for companies to lower their computing costs.