Zapata AI

Earlier this week, we released our Q2 2024 Earnings Report. Here are some highlights: 📈 Q2 Revenue: + 39.9% YoY to $2.00M  📊 Q2 Gross Margin: 1.82x improvement to 36.0% (up from 19.7%) 💡 Key Wins: Expanded partnership with D-Wave, new collaboration with Tech Mahindra, and published key research from Phase II of Defense Advanced Research Projects Agency (DARPA)’s Quantum Benchmarking program. We also welcomed new leaders Sumit Kapur (CFO) and Derron Blakely (General Counsel) to the team. 🔍 Looking Ahead: Also earlier this week, we announced a Cooperative Research and Development Agreement with the U.S. Department of Defense’s U.S. Special Operations Command (USSOCOM ) to collaborate on real-time intelligence projects. Thank you to our partners, clients, and team for making this progress possible. We’re excited about the future and our continued leadership in AI. Stay connected for more updates and insights. #ArtificialIntelligence #AI #ZapataAI #LLMs

🚀 Zapata AI Enters Cooperative Research and Development Agreement with US Special Operations Command to Deliver Real-time Intelligence for Warfighters 🇺🇸 We're excited to announce our Cooperative Research and Development Agreement (CRADA) with the US Special Operations Command (USSOCOM) to deliver real-time, AI-driven intelligence for warfighters. (See Comments for link). In high-stakes environments where decisions can mean the difference between mission success and failure, USSOCOM operators face immense challenges. This collaboration aims to provide them with state-of-the-art AI support to enhance situational awareness and decision-making capabilities in contested spaces. Key aspects of the partnership include: ✅ Developing AI/ML applications for USSOCOM's Hyper-Enabled Force (HEF) initiative;    ✅  Deploying ensembles of small, specialized AI models at the edge;    ✅  Operating on ruggedized high-performance computing hardware in low-connectivity environments;    ✅  Using Orquestra®, our AI lifecycle management software, to accelerate the Model Development Lifecycle (MDLC) This collaboration builds on our track record in quantum computing and AI, including our unique position as the only company participating across all tracks of the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking program. In the words of our Co-founder & CEO, Christopher Savoie: "We're proud to support the brave men and women of USSOCOM in defending our national security around the world. We look forward to helping them be safer and more effective through the power of small models and an ensemble approach to AI." At Zapata AI, we believe that while big AI promises, small AI delivers. The work with USSOCOM will build on the success of our efforts with global motorsport leaders, Andretti Global, where our use of an ensemble of small models has proven effective in driving real-time insights in scenarios where speed and accuracy are paramount. Follow along at Zapata AI. #ArtificialIntelligence #AI #NationalSecurity #EdgeComputing #LLMs #ZapataAI

📣 Calling all Zapatistas! We need your help to bring Quantum AI to #SXSW2025. Our panel with our partners at D-Wave would illuminate how quantum tech is supercharging AI, enhancing performance while bringing down the costs and extreme energy consumption. (See this excellent article in Computerworld to learn more: https://lnkd.in/erD7ThZm) If you want to see how quantum and AI are joining forces to tackle the world's most complex challenges — from discovering new cancer drugs to making agriculture more sustainable — then this panel is for you. To see this panel at SXSW, vote now at the link below, open through August 18th: https://lnkd.in/ecrS9rRv

Zapata AI will release its second quarter 2024 financial results before market open on Wednesday, August 14th, 2024. A conference call will be held that same day at 8:30am ET to review the Company’s financial results, provide a corporate update and conduct a Q&A session. Learn more: https://lnkd.in/eZ8sRFja

1,000x faster at a fraction of the cost. We teamed up with KPMG UK to accelerate risk compliance modeling for a leading global insurer. 🚀 Here's how👇 Maintaining risk models is non-negotiable for large insurers to comply with UK laws. Trouble is, massively complex models like these — with tens millions of inputs —require significant manual effort and endless compute cycles to produce even approximate results. We changed all that. https://lnkd.in/exSkxESA Zapata AI has years of experience in wringing efficiencies from computationally complex enterprise problems like this one. Our solutions engineers modernized the model’s code to run on parallelized GPUs instead of the original CPUs, collapsing the compute time. The result? - By using multiple GPUs, the exact calculation time dropped to less than 3 days — over 1,000x faster. - The insurer could comply with regulations using exact calculations at a far lower cost. - What previously required 10 employees now needed only one. "Zapata’s expertise and technological solutions have the potential to transform how financial services and insurance companies function by delivering efficiencies and innovative digital transformation" - Feargal de Burca, Partner at KPMG UK For more success stories, sign up for our newsletter: https://lnkd.in/eerYyttS

Big enterprises will spend >$1T on GenAI, but where will the ROI come from?  Hint: it's not from an LLM-based one-model-to-rule-them-all approach. An ensemble of small, domain-specific models will be the key to unlock enterprise ROI. As Jon Reed notes in his diginomica article on lessons from generative AI adoption in 2024: https://lnkd.in/eqpyCxMr   "These refined architectures don't eliminate gen AI's output issues, but they do result in more relevant/accurate output than out-of-the-box consumer LLMs can pull off."    Wondering which architecture will deliver the best results for your enterprise AI use case?    Our team can help you build custom generative AI solutions on our Orquestra platform — using the best hardware and software for your problem.    Learn more: https://lnkd.in/es2QMWGj

LLMs are powerful, but they can't do everything.    When it comes to generative AI, it's not about having one model for every task. Rather, the real value is in having ensembles of smaller, more efficient models dedicated to specific tasks.    This is particularly true for business use cases involving time-series data — or anything other than text data.    Sure, LLMs are great for creating content, but would you trust them to predict demand spikes? Design new drug candidates? Optimize a distribution network? Each of these uses would be better served by a smaller, dedicated AI model trained on data relevant to the task at hand. An ensemble of small models delivers more value than the sum of its parts, creating a flywheel of value creation in the enterprise. Smaller models = - Better performance on specialized tasks - Lower costs and energy consumption - Less demand for compute — enabling intelligence closer to the edge without needing constant access to GPUs on the cloud. At Zapata AI, we work closely with enterprise AI champions to build and optimize models that lower costs and drive new revenue.    Learn more about our Industrial Generative AI solutions for enterprise: https://lnkd.in/ezeJJAQk 

Behind the scenes of Andretti Global's triumphant weekend on the Streets of Toronto, Andretti race strategists worked closely with Zapata AI engineers in the Race Analytics Command Center (RACC). By predicting accidents, lap times, tire degradation and more — AI will help the team identify the most strategic times to take a pit stop and optimize race strategy in real time. Take a look at how Zapata AI is helping Andretti win more races with race time analytics and strategy — all powered by #IndustrialGenerativeAI — now in our third season together: https://lnkd.in/eriS4hbU 📸 : Ignite Media

🏁COLTON WINS🏁 Congratulations to Colton Herta and Kyle Kirkwood for their dominant performance on the Streets of Toronto. Proud to be part of the team powering Andretti to success. See you in Victory Lane! 🏆

Congratulations to Colton Herta and Kyle Kirkwood for their P1/P2 qualifying performance yesterday on the Streets of Toronto! We're proud to be supporting the team's race strategy as the Official AI and Quantum partner for Andretti Global. Let's get that W today! #IndyTO