According to ChainCatcher, citing TechCrunch, AI compute startup General Compute has completed a $100 million Series A round led by Blackbird Ventures and Abstract Ventures, bringing its post-money valuation to $800 million—a significant increase from its $60 million valuation following its seed round in May. General Compute is currently focused on AI inference computing, utilizing specialized chips from NVIDIA’s competitors, and has already secured a $400 million chip procurement agreement with SambaNova, with additional suppliers including Positron and Cerebras.
General Compute Completes $100M Series A at $800M Valuation
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Summary
AI compute startup General Compute has secured $100 million in project funding, valuing the company at $800 million post-Series A. Blackbird Ventures and Abstract Ventures led the round. The company specializes in AI and crypto news through inference computing using non-NVIDIA chips. It has a $400 million chip agreement with SambaNova, with Positron and Cerebras as additional suppliers.
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