Building AI That Optimizes AI

Wafer (S24) is a fast AI inference cloud that runs open-source models at industry-leading speeds by using AI agents to optimize GPUs across the entire stack. This unique approach allows them to deliver the low cost of open source with the latency of much smaller models. The company recently raised a $40 million Series A after achieving rapid growth by making GLM 5.2 run 2-3x faster than competitors, driving significant customer adoption due to speed, not just cost, which is crucial for latency-sensitive applications like voice agents.