Entity
doubleAI and Maxwell
doubleAI, an Israeli AI company, raised a $200M Series A (backed by Nvidia and Dell) at a $1B+ valuation for its product Maxwell, billed as a new 'Code Execution Model' that optimizes running code without human intervention or code changes.
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## Overview
doubleAI (officially AA-I Technologies Ltd.), a Tel Aviv-based AI developer, has raised $200 million in a Series A round co-led by Lightspeed and Bessemer, with participation from Nvidia and Dell Technologies, valuing the company at more than $1 billion (SiliconANGLE, October 19; CTech via SiliconANGLE, October 19).
## Product: Maxwell
The company's product, Maxwell, is described as a "Code Execution Model" — a new category the company says sits between code and hardware (heymaxwell.ai, October 19). According to the company, Maxwell makes code run faster as it runs without changing any lines of code, by observing traces, profiling information, and runtime data to adapt dynamically to the hardware and runtime environment, with no humans in the loop (heymaxwell.ai, October 19).
## Significance
The large funding round and strategic backing from Nvidia and Dell signal substantial industry interest in a new frontier model category positioned as distinct from code-generation assistants like Claude and Codex. This is a story worth tracking given the notable investor list, high valuation, and claimed paradigm shift in how AI interacts with compiled/running code.