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

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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 […]

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