Artificial intelligence developer Decart.ai Inc. today announced that it has raised $100 million in new funding at a $3.1 billion valuation to expand its research and development, expand its infrastructure platform, expand its personnel, and accelerate market investments for real-time generative AI technologies.
Founded in 2023, DeCart specializes in real-time generated video technology and GPU optimization. The mission is to make AI faster, responsive and affordable to promote dynamic, interactive experiences for millions of concurrent users.
Decart's offering differs from traditional generation AI tools that generate static output by focusing on production-enabled systems that can operate at low latency and high frame rates. This output is said by the company to enable whole new categories of applications, such as gaming, entertainment, and robotics.
The company's capabilities focus on GPU optimization stacks that use spread models to significantly reduce the cost of generating video content from hundreds or thousands of dollars to under 25 cents using spread models. Cost breakthroughs make large-scale, real-time AI video generation not only technically feasible, but commercially feasible.
Decart licenses optimization technology to cloud providers and AI labs through multi-million dollar agreements, providing companies with a stable revenue stream that funds substantial calculation requirements without relying heavily on venture capital burns, even if they raise more money today.
The company offers two products: Oasis and Miragelsd. Released in November 2024, Oasis is a real-time video model that has reached over 1 million users within three days of its release. Launched this week, Miragelsd is based on momentum from an oasis with enhanced capabilities for high quality, low latency video conversion.
By providing developers with access to real-time video generation capabilities, Decart says it is opening new use cases with interactive media, immersive gaming environments, live streaming and virtual collaboration.
Sequoia Capital Operations, Benchmark Capital Management Company, Zeev Ventures and new investor Aleph VC have joined the Series B round.
“Decals represent the most persuasive investment opportunities we have encountered in this area,” said Shaun Maguire, partner at Sequoia Capital. “They are working to attract exceptional talent while dealing with extremely complex technical challenges and running at speed and accuracy that normally requires decades.”
The new funding will bring the total torn up to $153 million. The company previously raised a $32 million round in December 2024.
Image: Decal
By engaging with the TheCube community, we support our mission to keep content open and free. Join TheCube's Alumni Trust Networktechnology leaders connect, share intelligence and create opportunities.
- Over 15m viewers of TheCube Videothe power of conversations such as AI, cloud, cybersecurity and more.
- 11.4k+ TheCube Alumni – Connect with over 11,400 technology and business leaders who shape the future through a unique, trustworthy network.
About Silicon Angle Media
Tech Visionarys Founded by John Furrier and Dave Velante, Siliconangle Media has created a dynamic ecosystem of industry-leading digital media brands reaching 15 million elite technical experts. Our new, unique TheCube AI Video Cloud is based on audience interactions. Leveraging TheCubeai.com neural networks, we help technology companies make data-driven decisions and stay at the forefront of industry conversations.
