General Compute raises $100M Series A at an $800M valuation for non-Nvidia inference cloud

General Compute raised a $100M Series A at an $800M valuation, led by Blackbird and Abstract, to build an inference cloud on chips from Nvidia rivals.

General Compute, which is building an AI inference cloud on chips from Nvidia rivals, raised a $100M Series A at an $800M post-money valuation, led by Blackbird Ventures and Abstract Ventures. The company was valued at $60M after a seed round in May. (TechCrunch; RuntimeWire)

General Compute rents bare-metal servers to cloud companies that sell fast inference to developers, using chips from SambaNova, Positron and Cerebras. A deal with an unnamed large customer worth $100M in annual recurring revenue preceded the raise. The company expects to deploy 75 megawatts of capacity in 2027. (TechCrunch)