General Compute closes $100M Series A at $800M valuation
General Compute raised $100M in a Series A led by Blackbird Ventures and Abstract Ventures, a round that puts the inference cloud at $800M after closing. The company runs inference on chips other than Nvidia's, and its supply arrangements include a $400M agreement with SambaNova, with Positron and Cerebras named as additional suppliers. One report described the money as project funding, which suggests part of the capital is tied to specific compute buildouts. The raise lands during a month dominated by large financings for chips and data centers, including the Broadcom chip lease financing for Anthropic logged earlier this week. Neocloud providers are competing for the same GPU and accelerator supply, so capital is flowing to operators with multi-vendor plans. For founders building AI infrastructure, the deal shows investors will fund a multi-supplier compute strategy, and that a signed chip supply contract can be central to the pitch rather than a footnote.