General Compute raises $100M Series A at $800M valuation, bets on inference chips
General Compute has closed a $100 million Series A led by Blackbird Ventures and Abstract Ventures, valuing the startup at $800 million post-money, up sharply from a $60 million valuation after its May seed round. The raise follows a $100 million annual recurring revenue deal with a large customer and a $400 million debt-financed purchase of inference chips from SambaNova, with Positron and Cerebras also added as chip suppliers.