General Compute Completes $100 Million Series A Financing, Post-Money Valuation Reaches $800 Million

General Compute has completed a $100 million Series A financing round, led by Blackbird Ventures and Abstract Ventures. The company's valuation was $60 million following its seed round financing in May this year, and it has now risen to $800 million post-financing. General Compute focuses on building cloud computing services using specialized inference chips produced by competitors of Nvidia, and has secured a new chip procurement agreement worth $400 million with SambaNova, marking the first debt financing deal for inference chips.

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