AI infrastructure firm Gimlet Labs raises $300 million in Series C funding

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AI infrastructure firm Gimlet Labs has secured $300 million in project funding, led by Andreessen Horowitz with support from Arm and Microsoft’s M12. The company, valued at $3 billion, specializes in optimizing AI workloads across chip architectures and is collaborating with Arm to ensure software compatibility. As AI and crypto news continues to gain momentum, Gimlet’s focus on cross-platform performance positions it as a key player in the AI infrastructure space.

Odaily Planet Daily report: AI infrastructure startup Gimlet Labs has announced a $300 million funding round, raising its valuation to $3 billion. The round was led by Andreessen Horowitz (a16z), with participation from Arm Holdings and M12, the venture fund under Microsoft.

Gimlet Labs primarily helps clients assign AI tasks to different types of chips and is collaborating with Arm to make its software compatible with Arm’s various chip technologies. (Bloomberg)

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