acquired
(2)
OctoAI
OctoAI (formerly OctoML) was a Seattle-based AI infrastructure company founded in 2019 by University of Washington researchers — including Apache TVM creator Tianqi Chen and CEO Luis Ceze. The company built a generative AI inference platform that gave developers fast, affordable API access to leading open-source LLMs and image generation models, along with OctoStack, an enterprise-grade private AI deployment stack. After raising ~$132M and pivoting from ML optimization to GenAI infrastructure, OctoAI was acquired by NVIDIA in September 2024 and wound down its commercial services by October 31, 2024.
Predibase
Predibase was a San Francisco-based AI infrastructure company (founded 2020, acquired by Rubrik in June 2025) that pioneered efficient LLM fine-tuning and serving at scale. Built by the creators of Uber AI's Ludwig and Horovod frameworks, Predibase made it easy for enterprises to fine-tune and deploy open-source LLMs using LoRA adapters — often outperforming GPT-4 on domain-specific tasks for under $8 of compute. Its open-source LoRAX inference server enabled serving thousands of fine-tuned models from a single GPU, dramatically cutting costs. After raising $28M from Greylock and Felicis, Predibase was acquired by cybersecurity firm Rubrik for over $100M to accelerate agentic AI adoption.