Photo - EdgenAI
61804

EdgenAI

Portugal
Market: Artificial Intelligence
Stage of the project: Operating business

Date of last change: 01.04.2024
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Idea

Grounded in our Open-Source technology, we provide fully data private state-of-the-art GenAI solutions to businesses worldwide.
We aim to decentralize GenAI.

Current Status

EdgenAI is currently in the beta stage of EdgenSuite, engaging with early adopters to refine and enhance our offerings. The open-source segment of our platform has achieved thousands of downloads, indicating strong interest and validation. We are advancing through pilot projects with notable firms and institutions such as SIBS, BPI, Caixa Geral de Depósitos, Sonae, Vodafone, and Portuguese Public Entities, further tailoring our product to industry-specific needs. Complementing our product development, strategic partnerships with NVIDIA, AWS, and OVHCloud are in place.

Problem or Opportunity

Data privacy in Generative AI

Solution (product or service)

Our solution addresses the critical need for privacy-conscious organizations to harness the full potential of Generative AI (GenAI) while safeguarding confidential data. We achieve this by significantly optimizing the best open-source GenAI models and providing a robust and secure open-source deployment infrastructure. This approach facilitates local deployment of GenAI across diverse applications including text-to-text, text-to-speech, and text-to-image functionalities, offering comprehensive GenAI capabilities within a single download tailored for organizations prioritizing data privacy.

Business model

Our business model is centered around a yearly B2B licensing structure for EdgenSuite, offering customizable solutions per client. The licensing fee ranges from €50K to €1M, variable based on factors such as geography, application type, number of users, data storage platform connections, customization and additional features, and GPU server installation. This model provides the flexibility to tailor our offering to the specific needs and scale of each client, ensuring a personalized approach to deploying private and local GenAI solutions.

Incubation/Acceleration programs accomplishment

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