"Loc.ai shifts the artificial intelligence workload directly onto the customer's own kit, be that a laptop, a workstation or dedicated edge hardware. The result is faster performance, far stronger data privacy and, crucially for chief financial officers, predictable fixed costs in place of variable cloud fees that scale unhelpfully with user growth."
"For years, we've handed control of our most critical AI infrastructure to companies we don't own and can't influence. Inference costs keep climbing. Services get switched off without warning. Loc.ai exists so that developers, governments and businesses never have to accept those terms again."
"With AI no longer a bolt-on feature but increasingly the product itself, embedded in meeting tools, writing assistants, customer-support platforms and code copilots, every keystroke can trigger a billable event. For fast-growing software firms, the result is a cost curve that climbs in lock-step with user growth."
Loc.ai, a London-based start-up, has raised £1 million in pre-seed funding to develop off-cloud AI infrastructure. This initiative aims to alleviate the financial strain on SaaS companies from variable cloud billing models. By shifting AI workloads to local hardware, Loc.ai promises improved performance, enhanced data privacy, and predictable costs. Co-founder Joseph Ward emphasizes the need for control over AI infrastructure, criticizing the current reliance on major cloud providers. The funding will support efforts to market this solution to software companies facing rising AI costs.
Read at Business Matters
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