ChainCatcher report: AI infrastructure startup Gimlet Labs has raised $300 million, raising its valuation to $3 billion. This round was led by Andreessen Horowitz (a16z), with participation from Arm Holdings and M12, the venture fund under Microsoft. Gimlet Labs primarily helps clients allocate AI workloads across different types of chips and is collaborating with Arm to ensure its software is compatible with Arm’s various chip technologies.
Gimlet Labs Raises $300M at a $3B Valuation, Led by a16z
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Summary
AI + crypto news: Gimlet Labs has raised $300 million in funding, valuing the company at $3 billion. The round was led by a16z, with Arm and Microsoft’s M12 also participating. The funding announcement underscores Gimlet’s focus on AI infrastructure, specifically distributing AI workloads across diverse chip types. The company is collaborating with Arm to ensure compatibility with its chip technologies.
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