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The round was led by B Capital, as PaleBlueDot joins a crowded field of so-called "neocloud" companies seeking to meet surging demand for AI computing power.

The round was led by B Capital, backing PaleBlueDot’s push to scale GPU infrastructure across the United States and Asia. The company enters a crowded neocloud field, where startups position themselves as alternatives to hyperscalers like Amazon Web Services and Microsoft Azure by focusing squarely on AI workloads and access to scarce chips.

Silicon Valley's PaleBlueDot AI joins the unicorn club after a $150M Series B. Discover how their GPU marketplace and enterprise clusters are scaling AI infrastructure globally.

PaleBlueDot AI, a Silicon Valley-based AI compute platform founded in 2024, announced it has raised US$150 million in a series B funding round, valuing the company at over US$1 billion.

PaleBlueDot AI announced a $150 million Series B financing led by B Capital, valuing the company at over $1 billion to scale global, high-performance AI compute infrastructure.

Krystal Hu / Reuters: PaleBlueDot, which operates a GPU capacity marketplace and designs GPU clusters for enterprises, raised a $150M Series B led by B Capital at a $1B+ valuation More: PaleBlueDot AI and Ventureburn

Jan 28 (Reuters) - Artificial intelligence cloud startup PaleBlueDot AI has ‌raised $150 million in a Series B ‌funding round, valuing the company at more than $1 billion as it expands AI ...

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