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Hyperbolic, which lets companies rent AI compute across ~30 neoclouds, raised a $30M Series A-1 led by Lip-Bu Tan's Walden Catalyst; it has raised $50M to date (Geoff Weiss/Business Insider)

Techmeme ·
Hyperbolic gives companies access to AI compute from roughly 30 neocloud providers.

It raised $30 million in a Series A-1 led by Lip-Bu Tan’s Walden Catalyst. The round brings its total funding to $50 million. Techmeme’s note credits the report to Business Insider’s Geoff Weiss.

Techmeme's note

score 6

Categories: Money & Moves