Niv-AI, a Tel Aviv-based start-up has officially come out of stealth mode. They couldn’t be more thrilled to have them join their Working on Purpose mission to save power management in data centers! Tomer Timor, the company’s CEO, and Edward Kizis, the company’s CTO, co-founded the company. They’ve been very successful at raising $12 million in seed funding from notable investors including Glilot Capital, Grove Ventures, Arc VC, Encoded VC, Leap Forward and Aurora Capital Partners.
Niv-AI addresses a major challenge for data centers. Or they end up poorly managing their ongoing relationship and experience with the power grid. Demand spikes in power at the millisecond scale. This happens in the background with processors hopping rapidly between different computations, including passing information between other GPUs. Through Niv-AI, we are rolling out cutting-edge rack-level sensors to capture granular GPU power consumption. This smart technology allows data centers to reduce energy consumption where it can do the most good.
Niv-AI’s technology augments data centers to shift to using more GPUs. This way, they get the most value from the clean power they are already purchasing. As Timor aptly noted, “the grid is actually afraid of the data center consuming too much power at a specific time.” Instead, operators are frequently motivated by a fear that forces them to cut power by up to 30%. With this decision, NYC loses out on millions of dollars of future revenue.
The company’s first priority with their advanced sensors is getting a deep knowledge of what is really happening now with power usage, as they deploy the sensors. But these sensors—Itron calls them “pulsed” sensors—measure power consumption at millisecond precision. Powered by advanced data analytics, this new capability provides actionable insights that drive smarter energy management strategies for greater impact.
Niv-AI is currently and purposely trying to sync with larger industry trends. Few Americans realize that electricity is one of the most essential resources for both developing and deploying artificial intelligence applications. America’s need for smart, efficient power management has never been greater. New processing techniques are developing at an exponential rate, usually causing operators to be unable to effectively interface with power grids.
Lior Handlesman, a partner at Grove Ventures and member of Niv-AI’s board, expressed optimism about the venture’s prospects. Niv-AI is looking to deploy a production system in a few U.S. data centers in the next six to eight months. This first step will go a long way towards ensuring energy consumption is more efficient and effective.
Niv-AI’s commitment to addressing the inefficiencies in data center power consumption echoes sentiments shared by Nvidia CEO Jensen Huang, who remarked, “There is so much power squandered in these AI factories.” Huang underscored the need for power efficiency in the sector by arguing that, “Every wasted watt is a dollar earned.”
