Anyscale Unveils Ray 2.0 and Anyscale Innovations at Ray Summit 2022; Adds an Additional $99M Funding from Existing Investors Addition, Intel Capital, and Foundation Capital

Anyscale, the company behind Ray, a unified framework for scalable computing, has announced Ray 2.0 and its enterprise-ready managed platform at the Ray Summit. The adoption of Ray is driven by the growing gap between the demands of machine learning applications and the limitations of single processors or servers. Thousands of organizations already rely on Ray for their AI initiatives. Anyscale also secured $99 million in Series C funding, co-led by existing investors Addition and Intel Capital. The company unveiled major new developments in Ray 2.0, including Ray AIR, KubeRay, integration with the ML ecosystem, ease of development & increased scalability, and its enterprise-ready Ray platform.