Canadian co-founded Featherless AI secures $20 million USD to build open-source AI infrastructure

As the AI industry concentrates into fewer players , Canadian co-founded Featherless AI wants to ensure open-source AI models remain a viable alternative option. Deploying open-source AI models typically means spinning up a server rack yourself or paying rent to a hyperscaler’s cloud service. The San Francisco-based company is building what it calls the neutral foundation for open-source AI models.