Gimlet Labs, founded by Zain Asgar, a part-time professor at Stanford University, has completed a Series A funding round of $80 million led by Menlo Ventures, aimed at solving artificial intelligence reasoning bottlenecks. The startup's "multi-chip inference cloud" software distributes AI workloads across multiple hardware types including CPUs, GPUs, and high-memory systems, with the goal of improving efficiency by 3 to 10 times. The company has established partnerships with companies such as NVIDIA, AMD, and Intel, has generated millions of dollars in revenue, and provides services to major AI labs and data centers.