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ElastixAI Launches FPGA Platform for GenAI Inference

ElastixAI, backed by $18 million in seed funding, has emerged from stealth to launch a software platform that transforms off‑the‑shelf FPGA servers into high‑efficiency GenAI inference engines. The company argues that GPUs, designed for compute‑heavy training, are poorly suited to the memory‑bound workloads of large language model inference, leading to low utilization and high costs. By tightly co‑optimizing hardware and software, ElastixAI claims up to a 50× total‑cost‑of‑ownership advantage and an 80% reduction in power draw. The solution is positioned as a drop‑in replacement for existing GPU workflows, targeting enterprise partners, data‑center operators and AI model providers.