WILLIAMS WELCOMES JULIA COMPUTING AS DORILTON VENTURES PARTNER

WILLIAMS WELCOMES JULIA COMPUTING AS DORILTON VENTURES PARTNER

30 Jul 2021

Williams Racing is pleased to welcome Julia Computing, a transformative enterprise solutions and simulation specialist, as part of a new investment by Dorilton Ventures.

Formula One is at the cutting edge of innovation in new technology, including aerodynamics, materials science, engine performance, fluid dynamics, modelling and simulation. JuliaHub from Julia Computing is a cloud-based platform for modelling and simulation that powers these innovations. JuliaHub makes it easy for engineers and data scientists to turn any laptop or desktop computer into a virtual supercomputer with hundreds or thousands of CPUs and GPUs available on demand.

Backed by Dorilton Ventures, the early-to-mid stage investment arm of Williams Racing owner Dorilton, Julia Computing was founded by the creators of Julia – the fastest and easiest high-performance computing language for artificial intelligence, machine learning, analytics, data science, modelling, and simulation. Julia is used by more than 10,000 companies worldwide, including AstraZeneca, BlackRock, Google, Intel, Microsoft, Moderna, Pfizer, as well as NASA, the Federal Aviation Administration and the Federal Reserve Bank of New York.

Originally developed at MIT, the open source Julia programming language has been downloaded more than 29 million times by users worldwide, including thousands of open source developers who have contributed to Julia and its 6,000 registered packages. Having some of the fastest packages for data science, modelling and simulation, Julia is in use by over 10,000 companies worldwide. Over 1,500 universities worldwide are using and teaching Julia, including world class institutions such as MIT, Stanford, and UC Berkeley. The Julia co-creators are the winners of the 2019 James H. Wilkinson Prize for Numerical Software and the 2019 Sidney Fernbach Award.

In partnership with Dorilton Ventures, the Julia Computing logo will be proudly displayed on the FW43B at the Hungarian Grand Prix.

James Bower, Commercial Director for Williams Racing, said: “We are delighted to welcome Julia Computing to Williams as a partner of Dorilton Ventures. Investing in companies building best-in-class cloud technology is a strategic focus for Dorilton and Julia’s versatile platform, with revolutionary capabilities in simulation and modelling, is hugely relevant to our business. We look forward to embedding Julia Computing in the world’s most technologically advanced sport and are excited to be involved in their future successes.”

Viral Shah, co-founder and CEO of Julia Computing and co-creator of Julia, added: “Working at the very centre of technical computing, our mission is to modernise technologies in industries in danger of being stuck with the same approaches to their challenges. High fidelity simulations are driving an engineering revolution, as seen in our work with faster pharmaceutical development, better batteries, energy efficient buildings and climate modelling. We are delighted to be exploring several ways in which our technology may be leveraged to support Williams.”

Daniel Freeman, General Partner, Dorilton Ventures concluded: “We are proud to bring together two great Dorilton companies. The early stages of collaboration between Julia and Williams have only scratched the surface of potential synergies. Connecting Julia’s transformative technology with Williams’ ambitions on the track promises to be an exciting journey for both.”

Ends

About Julia and Julia Computing
Julia is the high-performance language of choice for data science, artificial intelligence, and modelling and simulation applications. Julia solves the two language problem by combining the ease of use of Python and R with the speed of C++, while providing parallel computing capabilities out of the box. Julia has been downloaded more than 29 million times and is used by more than 10,000 companies and over 1,500 universities. The Julia co-creators are the winners of the 2019 James H. Wilkinson Prize for Numerical Software and the 2019 Sidney Fernbach Award.

Julia Computing was founded in 2015 by all the creators of Julia. The company provides scalable enterprise computing solutions through its JuliaHub platform. A recent focus area of the company has been the creation of a suite of modern ML-enhanced modelling and simulation tools, such as the Pumas framework for pharmaceutical simulation.

About Dorilton
Dorilton is a private investment firm that invests in businesses across a range of industry sectors, working in partnership with management to grow value over the long-term.  We provide funding and expertise to drive growth, allowing our companies to achieve their full potential.

About Williams Racing
Williams Grand Prix Engineering Limited's core competencies are the design and development of racing cars to compete in the Formula One World Championship. As one of the world's leading Formula One teams, the company has secured 16 FIA Formula One World Championship titles since its foundation in 1977. Nine of these titles have been won in the Constructors' Championship in association with Cosworth, Honda and Renault. The remaining seven titles were won in the Drivers' Championship with Alan Jones, Keke Rosberg, Nelson Piquet, Nigel Mansell, Alain Prost, Damon Hill and Jacques Villeneuve.