On-Device AI Firm Out of Set Accelerates Model Training Infrastructure with Seed Funding

Out of Set, an on-device artificial intelligence (AI) startup, is set to use its seed funding to build model training infrastructure and secure data.

The Ventures, a global early-stage investment-focused venture capital (VC) firm, announced on May 20 that it has completed a seed investment in Out of Set.

Out of Set is a technology company that develops ultra-lightweight vertical AI models that run directly on devices, without requiring an internet connection. The company addresses the structural limitations of cloud AI, such as the risk of personal data leaks, network latency, high operating costs, and server failures, by solving these issues at the device level.

Out of Set's focus areas are speech recognition and speech synthesis. These two technologies are in high demand across a variety of industries, including security-sensitive fields such as healthcare, legal, and finance, as well as in smartphones, automobiles, and robotics. Out of Set designs native solutions for device environments, offering models that can be immediately integrated into products without performance degradation. Currently, most on-device AI models rely on compressing large cloud models, which often takes several months before they can be deployed in products.

This investment will be used for building model training infrastructure, acquiring data, and hiring key personnel. Out of Set has developed its own system that automatically retrains models to meet client requirements, enabling it to provide solutions to clients with fewer people and in less time compared to the traditional outsourcing approach.

Kim Chulwoo, CEO of The Ventures, said, "Given that Out of Set possesses the core technology to address the limitations of cloud AI at the device level, we expect the company to grow into a key technology player in this market."

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