Key facts
- General Compute raised $100 million in Series A funding.
- The company is now valued at $800 million post-money.
- General Compute has a $400 million deal for SambaNova inference chips.
- The startup rents space in other companies' data centers and converts bitcoin-mining sites.
General Compute, an AI cloud infrastructure provider, has raised $100 million in Series A funding, led by Blackbird Ventures and Abstract Ventures, valuing the company at $800 million post-money. This funding comes amidst a challenging market for neoclouds, with some predicting consolidation. General Compute differentiates itself by focusing on specialized inference chips from Nvidia rivals like SambaNova, Positron, and Cerebras, rather than competing directly with hyperscalers on large-scale data center builds. The company utilizes smaller power sources and rents space in existing data centers, including converted bitcoin-mining sites, to deploy its compute capacity.