Irvine, CA – August 15th, 2023 – Standard, the pioneering AI startup, has announced a significant partnership with NVIDIA, employing advanced GPU systems to enhance their proprietary technology.
The partnership with NVIDIA marks a significant milestone in the company’s journey. Standard will harness NVIDIA’s GPU systems, specifically the A100 and H100 clusters, to optimize their AI model training and deployment. With the enhanced capabilities, Standard is poised to make strides in automating complex workflows in the real estate industry.
“This isn’t just about optimization; it’s about revolutionizing industries,” explains Aaron Rafferty, the CEO of Standard. “We see a future where our technology enables people to focus on high-value outcomes by automating mundane tasks, boosting productivity, and sparking creativity, and we are excited to partner with Nvidia to get there quicker using their hardware and SDKs.”
The journey starts with the real estate sector, a traditional industry brimming with potential for digital innovation. Standard aims to take AI, an indisputable game-changer, and apply it to a market where supply and demand are well-defined and value is inherently present. Amidst an economic downturn, this AI-driven approach to transaction efficiency and accuracy couldn’t be more timely.
“Our approach might not be typical for an AI startup, but we firmly believe it’s the right one,” Rafferty further explains. “By grounding ourselves in a stable, traditional industry, we mitigate risks, ensuring profitability even if complete disruption doesn’t happen overnight.”
The real estate market is just the genesis of the journey for Standard. The goal is to widen the scope eventually, impacting sectors revolving around people-to-people transactions, including Government Procurement, Large Enterprises, Staffing, M&A, Investments, and Fintech.
“We’re not merely predicting the future but tirelessly working to build it. A deeply automated, highly personalized world full of endless potential – that’s the future as Standard sees it,” concludes Rafferty.
About Standard
Standard is an innovative AI startup focused on revolutionizing traditional industries through AI-powered solutions. They aim to eliminate mundane tasks and enhance productivity by automating complex workflows. Standard is starting its journey in the real estate industry, with plans to extend its solutions to various other sectors.
About NVIDIA
NVIDIA’s (NASDAQ: NVDA) invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics, and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI — the next era of computing — with the GPU acting as the brain of computers, robots, and self-driving cars that can perceive and understand the world.
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Please note: This press release is intended for the exclusive attention of the recipient. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Standard does not undertake any responsibility to update any forward-looking statements.
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