London-based Mirai just secured $10M seed funding led by Uncork Capital to accelerate on-device AI o...
The AMW Read
The article updates the player map for AI Infrastructure with a new entrant focused on on-device inference optimization, though the $10M seed round does not trigger cross.§D.
London-based Mirai just secured $10M seed funding led by Uncork Capital to accelerate on-device AI optimization amid surging cloud costs. Their Rust-based inference engine delivers up to 37% faster performance on Apple Silicon without compromising quality, addressing the critical gap as cloud-based AI inference can cost enterprises millions annually in GPU and data transfer expenses. With the edge AI market projected to reach $124B by 2032 and on-device processing reducing energy consumption by up to 95% compared to cloud, this signals a fundamental shift in AI economics. Founded by Reface and Prisma alumni who understand consumer AI scale, Mirai's approach positions on-device inference as the sustainable path forward for widespread AI adoption.
