EVOVX News Index

AI cloud startup Applied Compute raises $350M after reaching key revenue milestone

· siliconangle.com · popularity 20/100 · 0 similar stories today · Computing & Software Development (Technology & Consumer Electronics)

Read the original at siliconangle.com →

Summary

Applied Compute Inc., a fast-growing provider of artificial intelligence infrastructure, has raised $350 million in funding at a $3.25 billion valuation. The startup announced the deal on Monday. Prominent angel investor Elad Gil led the round with participation from Nvidia Corp., Shopify Ventures, HubSpot Ventures and more than a dozen others. Applied Compute operates a […] The post AI cloud startup Applied Compute raises $350M after reaching key revenue milestone appeared first on SiliconANGLE .

Found in: SiliconANGLE. Rating basis: single outlet; outlet tier 2 (unlisted); 1 feeds; feed position 5.