AI computing startup General Compute completed a $100 million Series A financing at a valuation of $800 million, led by Blackbird Ventures and Abstract Ventures
According to TechCrunch, AI computing startup General Compute has completed a $100 million Series A funding round, led by Blackbird Ventures and Abstract Ventures. The company's post-investment valuation has reached $800 million, a significant increase from $60 million after the seed round in May this year.
Currently, General Compute focuses on AI inference computing, using specialized chips from competitors of NVIDIA, and has reached a $400 million chip procurement agreement with SambaNova. Other suppliers include Positron and Cerebras.