The artificial intelligence and machine learning development platform expects to send its first products to market early next year.

Petuum, the US-based creator of an artificial intelligence and machine learning (AI/ML) development platform, closed a $15m series A round backed by internet company Tencent Holdings on Wednesday.

Venture capital firm Advantech Capital led the round, while VC firm Northern Light Venture Capital and VC fund Oriza Ventures also participated.

Founded earlier this year as a Carnegie Mellon University spinoff, Petuum is building an AI/ML platform that can process and integrate data from varied sources, such as social media, electronic…