Moondream raises $4.5M for compact yet powerful AI vision-language model
Moondream, a startup backed by Felicis Ventures, Microsoft’s M12 GitHub Fund, and Ascend, has emerged from stealth with $4.5 million in pre-seed funding. According to VentureBeat’s Michael Nuñez, the company has developed an open-source vision-language model that boasts 1.6 billion parameters but matches the performance of models four times its size. The model, which can …