AI Compute Startup General Compute Raises $100M Series A, Valuation Climbs to $800M

October 27: According to TechCrunch, AI compute startup General Compute has completed a $100 million Series A round led by Blackbird Ventures and Abstract Ventures, reaching a post-money valuation of $800 million, a sharp increase from $60 million after its seed round in May this year. General Compute currently focuses on AI inference compute, using specialized chips from NVIDIA competitors, and has reached a $400 million chip purchase agreement with SambaNova; its suppliers also include Positron and Cerebras.