RE:Good readOuchh
this is horrible News Bar :-(
9 Million $ raised !
45 People on the team Vs 0 for NXO
Their Tech is 500% compression
nexcompress is what ? 30%-60% ?
Wow this is Horrible news for NXO
Thats a real Company and they have the results to show for it !
Currently, the team comprises 25 members and the company eyes to grow it to nearly 45 members by the end of this year and reach 60 members in 14 months.
“Five years ago, Chri and I founded Deep Render to bet on AI Compression and the AI-Accelerator hardware ecosystem”, added Co-founder and CTO Arsalan Zafar. “After years of hard work and exceptional R&D, we’ve built the world’s first AI Codec. This is an iPhone moment for the compression industry, which will never be the same again. We expect 100s of millions of users in 2024 and billions by 2026. It is an incredible feeling creating something that can positively impact so many people”.
“The fact we’ve raised new funding from such visionary investors and partnered with some of the world’s biggest tech names is a testament to our incredible team and the standout product we’re building”, said Deep Render’s Co-founder and CEO Chri Besenbruch. “Big Tech companies distribute billions of videos a day. Global video consumption is rising rapidly, and user demand for higher-quality video is exploding. With our AI-powered breakthrough, we are uniquely positioned to take over the industry, benefiting all customers, stakeholders and the public”.
Currently, the team comprises 25 members and the company eyes to grow it to nearly 45 members by the end of this year and reach 60 members in 14 months.
“Five years ago, Chri and I founded Deep Render to bet on AI Compression and the AI-Accelerator hardware ecosystem”, added Co-founder and CTO Arsalan Zafar. “After years of hard work and exceptional R&D, we’ve built the world’s first AI Codec. This is an iPhone moment for the compression industry, which will never be the same again. We expect 100s of millions of users in 2024 and billions by 2026. It is an incredible feeling creating something that can positively impact so many people”.
“The fact we’ve raised new funding from such visionary investors and partnered with some of the world’s biggest tech names is a testament to our incredible team and the standout product we’re building”, said Deep Render’s Co-founder and CEO Chri Besenbruch. “Big Tech companies distribute billions of videos a day. Global video consumption is rising rapidly, and user demand for higher-quality video is exploding. With our AI-powered breakthrough, we are uniquely positioned to take over the industry, benefiting all customers, stakeholders and the public”.