Source: Applied Compute, which helps companies customize models with their data, is in talks to raise "hundreds of millions" led by Elad Gil at a ~$3B valuation (The Information)

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Applied Compute is reportedly raising hundreds of millions at a $3B valuation, signaling strong demand for enterprise model customization.

Categories: Money & Moves

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<a href="https://www.theinformation.com/articles/applied-compute-talks-double-valuation-3-billion-open-source-demand"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260810/i39.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260810/p39#a260810p39" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.theinformation.com/">The Information</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/applied-compute-talks-double-valuation-3-billion-open-source-demand">Source: Applied Compute, which helps companies customize models with their data, is in talks to raise &ldquo;hundreds of millions&rdquo; led by Elad Gil at a ~$3B valuation</a></b></span>&nbsp; &mdash;&nbsp; Applied Compute, a year-old startup that helps companies run and customize open-source models with their own data &hellip; </p>