Prem AI
Prem AI is an applied AI research lab building a sovereign, private AI ecosystem where users maintain full control over their data and AI assets, protected by Swiss neutrality.
Founding Story
Founded by Simone Giacomelli to address the 'black-box' nature of centralized AI APIs. The vision is to enable businesses to build and own their intelligence without sacrificing privacy or data residency.
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Leadership
Founders
Simone Giacomelli
Founder & CEO of Prem AI. Previously co-founded SingularityNET, the world's first decentralized AI network. Serial entrepreneur and angel investor focusing on transformative industries.
Executive Team
Simone Giacomelli
Founder & CEO
Co-founder of SingularityNET; experienced leader in decentralized AI and sovereign technology.
Business Model
Revenue Model
Subscription-based and licensing for enterprise on-premise and self-hosted AI infrastructure. Usage-based pricing for Prem API.
Pricing Tiers
Includes reserved compute, volume discounts, custom support, and on-premise deployment options.
Estimated cost for running models like Llama 3 on private infrastructure vs cloud APIs.
Target Markets
- Regulated Industries
- Finance
- Healthcare
- Legal
- Public Sector
- Secure document analysis in Finance
- HIPAA-compliant AI for Healthcare
- Private customer support automation
- On-premise LLM fine-tuning for legal teams
- Database querying via Text-to-SQL (PremSQL)
- Regulated financial institutions
- Healthcare providers
History & Milestones
Expansion of the AI ecosystem to include secure multi-agent frameworks and post-quantum encryption standards.
Secured $14M Strategic Seed Round led by David Maisel, Alan Lipschitz, and Fan Zhang.
Publicly announced the $14M funding and strategic backing from Marvel Studios founder David Maisel.
Launch of Prem Studio, an enterprise platform for building and deploying sovereign AI models.
Released PremSQL, an open-source library for natural language to SQL generation.
1 AI Tool by Prem AI
Prem AI is a private, sovereign AI ecosystem offering fine-tuning, document analysis, and high-performance inference with zero data retention, hosted in Switzerland.
