Montreal-based AI start-up Deeplite hires CEO
Tech veteran Nick Romano joins firm that develops an automated proprietary solution
Deeplite Inc., a Montreal-based start-up that uses artificial intelligence (AI) to automatically make deep neural networks faster, lighter and energy-efficient – creating Lightweight Intelligence – has appointed successful Canadian technology entrepreneur Nick Romano as president and CEO.
After being spun out of TandemLaunch, a company creator and seed fund, the appointment of Romano is an important step towards the full-scale commercialization of Deeplite’s software platform.
Deeplite is an automated proprietary solution that allows AI teams to optimize their deep learning models for deployment from cloud to edge computing. Deeplite optimized models significantly reduce cloud expenses for cloud-based AI solutions and can enable direct deployment to edge devices such as autonomous cars, IoT devices and smartphones, creating new opportunities for applications such as computer vision and medical AI, without being tethered to the cloud.
“I am thrilled to be joining such a passionate and experienced team of technologists and entrepreneurs that are behind this game-changing technology. I believe that Lightweight Intelligence will be the catalyst to bring AI to what we use in everyday life,” Romano says.
“As an accomplished serial entrepreneur and CEO, Nick brings the required experience to scale and achieve the successful commercialization of Deeplite’s solution. Artificial intelligence, especially deep learning, can fundamentally change the way OEMs, chip manufacturers, cloud service providers and other enterprises bring new technologies to market,” said Helge Seetzen, General Partner and CEO of TandemLaunch.
Romano is a seasoned entrepreneur and senior enterprise technology executive experienced in growing and scaling technology companies. He founded and grew Messagepoint (f.k.a. Prinova) into a global PROFIT500 company. Romano was recently honoured by McMaster University’s Engineering Faculty as being one of their Top 150 Distinguished Alumni for the role they’ve played in shaping Canada and the world.