Source: Fortune
Summary
Ion Stoica, co-founder of Databricks, has launched a new startup called SkyPilot, which aims to make it easier for companies to use different computer providers without the hassle and expense of switching. SkyPilot has raised $20 million in seed funding from Lux Capital, Coatue, and Amplify Partners. The company’s goal is to provide “more compute, better compute, cheaper compute” by making it easy to use any computer provider. Stoica and his co-founder, Zongheng Yang, believe that the current system is painful and expensive, and that SkyPilot can help companies squeeze more out of their existing GPUs.
Our Reading
The numbers tell one story.
SkyPilot’s launch is a familiar tale of a startup trying to solve a pain point in the industry. Ion Stoica and Zongheng Yang are betting on neutrality, with no allegiance to a single hardware or cloud vendor. The company’s code has been available on GitHub for years, but Lux’s Brandon Reeves argues that the free version is only 1% of what’s coming. The bigger bet is on Stoica himself, who has a track record of recruiting top talent and producing successful startups.
SkyPilot’s edge is its neutrality, but can it stay that way?
Author: Evan Null
