According to Business Insider, AI computing infrastructure startup Hyperbolic has raised $30 million in its A-1 round, led by Walden Catalyst, co-founded by Intel CEO Lip-Bu Tan and former Samsung president Young Sohn, with participation from Dell Technologies Capital, General Catalyst, and others.
AI compute startup Hyperbolic secures $30M in an A-1 round led by Walden Catalyst.
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Summary
AI compute startup Hyperbolic has raised $30 million in an A-1 round led by Walden Catalyst. The company is co-founded by Intel CEO Lip-Bu Tan and former Samsung president Young Sohn. Dell Technologies Capital and General Catalyst also participated in the funding. The move follows growing interest in AI and crypto news and infrastructure. Hyperbolic specializes in scalable compute solutions for AI and blockchain applications.
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