YICHUAN ZHANG
- CEO and Co-Founder at Boltzbit Limited
GetLatka interview
How Boltzbit Landed Its First $150K Annual Contract with Generative AI Search Technology (Interview with CEO Yichuan Zhang)
YICHUAN ZHANG (CEO and Co-Founder of Boltzbit Limited) spoke to Nathan Latka on April 27, 2022.
Boltzbit Limited figures from the interview
- Annual Revenue (2022)
- $150K
- Customers (2022)
- 1
- Team Size (2022)
- 9
- Seed Funding Raised (2021)
- $1.6M
- Pre-Seed Funding Raised (2020)
- $800K
“So, it means to really give people who have the data, the power of AI, so people can just develop AI from their data without having knowledge of machine learning or deep learning.”
“So now we have the first customer, it is like 150 ks for the annual contract, right? But our main, our main business model is kind of like pay as you use, it's kind of cloud based SaaS. Model is basically based on how much data you upload on our platform and you train the model and then you pay as the computational hours.”
“So we found it very likely by our connections and it is also something like very specific niche vertical that is we know the problem pretty well, Right? So this is why we still like really try to use this early success to figure out, to discover more markets, more similar customers.”
Bio
Dr. Yichuan Zhang has been passionate about AI since the start of his PhD at University of Edinburgh back to 2010. Since the first year of his PhD, he started to publish several papers on Boltzmann machines and approximate inference at one of the most influential AI conference "NeurIPS". His research contributes to the core of Boltzbit AI. Prior to found Boltzbit, Dr. Zhang was a postdoctoral researcher at the University of Cambridge. Before that, he worked as software engineer at Google and a research scientist at Zalando DE. He has been invited to speak at industrial AI conferences in UK, Germany and China.
Company
Boltzbit Limited
London, United Kingdom · Founded 2020
- Revenue
- $446.7K
- Funding
- $2.4M
- Team size
- 11
- Customers
- 1