Amp, which aims to buy excess computing capacity from data center operators to sell to startups, universities, and more, raised $1.3B from a16z and others (Cade Metz/New York Times)
Amp raises $1.3B from a16z and others to buy excess data center compute and resell it to AI startups and universities, addressing GPU scarcity with a new infrastructure model.
Excerpt
<a href="https://www.nytimes.com/2026/05/12/technology/amp-startup.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260512/i9.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260512/p9#a260512p9" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Cade Metz / <a href="https://www.nytimes.com/">New York Times</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.nytimes.com/2026/05/12/technology/amp-startup.html">Amp, which aims to buy excess computing capacity from data center operators to sell to startups, universities, and more, raised $1.3B from a16z and others</a></b></span> — The world's leading artificial intelligence companies are spending hundreds of billions of dollars on the computer data centers needed to create A.I.</p>
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