LONDON, June 25, 2024 (GLOBE NEWSWIRE) -- Today, Ori Industries, an AI Native
cloud provider, welcomes Richard Tame as Chief Financial Officer.
Tame joins Ori after more than three years at Aurora Innovation, where he served
as Chief Financial Officer, leading Finance as the company grew from its Series
B to their successful IPO on Nasdaq in November 2021, and beyond. Tame managed
all finance activity, including investor relations, FP&A, accounting, insurance
and internal audit. In addition to his finance operations responsibilities, Tame
maintained Aurora's real estate portfolio, including the opening of six new
campuses. For over a decade prior to Aurora, Tame served in finance leadership
roles at Lyft, Meta, Microsoft Azure, and AWS and earlier in his career worked
in airlines and aircraft leasing.
Mahdi Yahya, CEO and Founder of Ori, shares, "At a time of monumental growth for
Ori's GPU cloud services, we are thrilled to welcome Richard to Ori's leadership
team as the company scales operations to meet the booming demand for GPU
compute. His expertise in leading financial operations and strategic investment
initiatives will be crucial as we expand our infrastructure capabilities and
enhance our global service offerings. Together, we are committed to
strengthening and continuing to build enduring relationships with our customers,
ensuring their success is at the forefront of our strategic objectives."
"It's easy to get excited about a company like Ori that is building the critical
infrastructure that is enabling the AI boom. Ori is already making noteworthy
business progress and I am looking forward to working with Mahdi and the team to
capitalize on the growing appetite for high-performance computing infrastructure
as we build the hyperscale cloud of tomorrow," adds Tame.
As Chief Financial Officer, Tame will be responsible for overseeing all
financial strategy and operations, including fundraising, investor relations,
financial planning and analysis and accounting. He will also oversee the
expansion of Ori's datacenter footprint to support the growing demand for AI
infrastructure and lead Ori's operations functions, including legal and the
People team.
Ori offers a full suite of AI Native infrastructure solutions including compute,
storage and advanced orchestration software. The team is headquartered in the
U.K. and serves a global customer base.
About Ori
Ori is building the backbone of the AI era so that the technology of tomorrow
can advance our world. Ori believes that the promise of AI will be determined by
how effectively AI teams can acquire and deploy the resources they need to
train, serve, and scale their models. Ori is the ideal partner for AI teams,
offering a seamless, end-to-end platform that not only provides the essential
GPU compute power but also a software layer designed to optimize the use of
these resources. By delivering comprehensive, AI-native infrastructure that
fundamentally improves how software interacts with hardware, Ori is driving the
future of AI. Learn more at https://www.ori.co/.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f2bd6d94-ed9a-
4893-9b0f-3ac75791e846
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