AI compute startup General Compute completed a $100 million Series A led by Blackbird Ventures and Abstract Ventures, according to BlockBeats.
Valuation reaches $800 million
General Compute reported a post-money valuation of $800 million, up from a $60 million valuation after its seed round in May. The company is building a cloud computing business with inference chips from Nvidia competitors and reached a $400 million SambaNova chip procurement agreement. BlockBeats credits TechCrunch for the additional transaction detail.
Read the English BlockBeats flash (original Chinese: BlockBeats flash).