Temporal Technologies Inc., a startup with a cloud platform that makes artificial intelligence agents more reliable, closed a $300 million funding round.
Andreessen Horowitz led the Series D investment. Temporel stated in its announcement of today’s raise to which Lightspeed Venture Partners, Sapphire Ventures and several returning backers also contributed. The company is now valued at $5 billion.
An AI application can malfunction for a variety of reasons, including internal bugs and external factors such as a third-party service outage. As a result, developers must write code that allows the application to automatically restore itself in the event of a technical problem. The process can take a lot of time and effort.
San Francisco-based Temporal offers a cloud platform that makes it easy. It is based on an open source project also called Temporal which is downloaded over 20 million times per month. The company says its installed base includes OpenAI Group PBC, Nordstrom Inc. and other major brands.
The platform creates an activity log containing information about each task performed by an application. After a crash, the application can check the log to find the task it was working on immediately before the malfunction. He can then continue where he left off.
It also mitigates the impact of technical issues in other ways. If an external service that an AI agent uses to automate tasks experiences downtime, the platform can route the AI agent’s requests to another service with similar functionality. Additionally, the application activity log also serves as a debugging tool that developers can use to diagnose malfunctions.
Temporal makes money through its eponymous open source project with a paid offering called Temporal Cloud. It is a cloud version of Temporal that does not require developers to manually configure the software or manage the underlying infrastructure. According to the company, its service also offers better performance than self-hosted environments.
Temporal Cloud includes an auto-scaling feature that adjusts the amount of hardware available to a workload based on its usage. According to the company, the mechanism can process more than 300,000 AI agent actions per second. If the data center hosting a Temporal Cloud environment goes offline, the platform redirects requests to a standalone environment in another facility.
“Rather than creating new problems, agentic AI tends to reveal old problems such as state management and failures,” said Samar Abbas, co-founder and CEO of Temporal. “We’ve been solving these same problems for years. Temporal exists to make agentic AI work in production as well as any other class of applications, reliably, predictably, and at scale.”
Temporal will use the proceeds from its funding round to improve Temporal Cloud and the upstream open source project.
Picture: Temporal
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