General Compute $100m Series A lifts value to $800 million
The AI cloud firm, now valued at $800 million, will buy specialised inference chips from SambaNova, Cerebras and Positron after a customer deal worth $100 million a year.
General Compute raised $100 million in Series A funding led by Blackbird Ventures and Abstract Ventures.
Investors now value the company at $800 million post-money, up from $60 million after a May seed round.
A large customer deal worth $100 million in annual recurring revenue helped unlock the raise.
The firm has a $400 million chip-purchase deal with SambaNova and has also added Positron and Cerebras as suppliers.
CEO Finn Puklowski expects about 75 megawatts of capacity to be deployed in 2027.