doubleAI, a Tel Aviv company whose legal name is AA-I Technologies, announced a $200 million Series A on 19 October. Lightspeed and Bessemer co-led, with Nvidia, Dell Technologies Capital, Greenfield, Pitango and BRM taking part. CTech first reported a valuation above $1 billion. Globes had written in November 2025 that Nvidia was joining a round of this size, and puts the total raised at about $221 million including a $21 million seed; other outlets cite $220 million, which looks like that running total.
“Every few weeks, they unveil another AI breakthrough, significantly improving the results achieved by some of the best teams in the world.”
Yair Snir, managing partner at Dell Technologies Capital, to CTech · calcalistech.com ↗
The company was founded in August 2023 by Amnon Shashua, previously behind Mobileye, AI21 and Mentee Robotics, together with Shai Shalev-Shwartz. It worked in stealth with roughly 40 staff until now. Alongside the money it opened early access to its first product, Maxwell, through its website. doubleAI calls its field Code Execution Models: instead of writing new code the way coding assistants do, Maxwell rewrites a running program's machine instructions for CPUs and GPUs, with each change checked mathematically so behaviour stays the same.
Reported results are the company's own. Maxwell reworked Nvidia's cuGraph library in March, and 55% of its algorithms ran at least twice as fast. doubleAI also claims data pipelines 38 times faster and AI inference kernels 4.5 times faster, though CTech notes the tests are not detailed or independently checked. The Wall Street Journal reportedly says half the round goes on 1,000 Nvidia B300 GPUs, and pricing is planned around the compute savings customers see.
About doubleAI
Before this round, doubleAI had been in stealth. Globes reported in May 2025 that it had closed a seed round of $20 to 30 million several months earlier, led by Dell Technologies Capital together with BRM Capital, the Barkat brothers' fund, and Pitango First.
The company was then described as building reasoning models that make decisions and perform tasks like human experts, an approach its founder Amnon Shashua calls Artificial Expert Intelligence.
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Models on AIPopDB
Dell Technologies Capital says it led the seed round and that this is its first bet on a company building its own models. Maxwell is open to early users now, with wider sales to enterprises planned.
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