Artificial intelligence developer Decart.AI Inc. today announced that it has raised $100 million in new funding on a $3.1 billion valuation to expand research and development, scale up its infrastructure platform and accelerate go-to-market efforts for its real-time generative AI technologies.

Founded in 2023, Decart specializes in real-time generative video technology and graphics processing unit optimization. Its mission is to make AI fast, responsive and affordable enough to power dynamic, interactive experiences for millions of concurrent users.

Decart’s offering differs from traditional generative AI tools that produce static outputs by focusing on production-ready systems that can operate at low latency and high frame rates. The company says the output enables entirely new categories of applications in gaming, entertainment, robotics and beyond.

The company’s capabilities are focused on a GPU optimization stack that it says drastically reduces the cost of generating video content using diffusion models, from hundreds or even thousands of dollars per hour to under 25 cents. The cost breakthrough, it says, makes large-scale, real-time AI video generation not only technically feasible but also commercially viable.

Decart licenses its optimization technology to cloud providers and AI laboratories through multimillion-dollar contracts, providing the company with a steady revenue stream that funds its substantial compute requirements without relying heavily on venture capital burn, even if it’s raising more money today.

The company offers two products, Oasis and MirageLSD. Oasis, launched in November 2024, is a real-time video model that reached more than a million users within three days of release. MirageLSD, which launched this week, builds on the momentum from Oasis with enhanced capabilities for high-quality, low-latency video transformation.

By providing developers with access to its real-time video generation capabilities, Decart says it is opening the door for new use cases in interactive media, immersive gaming environments, live streaming and virtual collaboration.

Sequoia Capital Operations, Benchmark Capital Management Co., Zeev Ventures and new investor Aleph VC participated in the Series B round.

“Decart represents the most compelling investment opportunity we have encountered in this space,” said Shaun Maguire, a partner at Sequoia Capital. “They’re addressing genuinely complex technical challenges while attracting exceptional talent and executing with a velocity and precision that typically requires decades to achieve.”

The new funding brings the total amount raised by Decart to $153 million. The company previously raised a round of $32 million in December 2024.

Image: Decart