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Gil&Co leads Applied Compute's $350M round at a $3.25B valuation

AIElad Gil says Gil&Co will lead a $350M round in Applied Compute at a $3.25B valuation. The quoted update says the company has reached a $100M annualized revenue run rate, up from zero 18 months ago, and serves 1T tokens a day for inference.
Elad GilVerified on X
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Very excited for Gil&Co to lead this round in Applied Compute 🔥

Amazing post-training team out of OpenAI with ⭐️ customers

Yash Patil@ypatil125
Applied Compute update: - crossed ⁠$100M annualized revenue run rate up from zero 18 months ago - raised $350M at $3.25B led by Elad Gil - 40% of customers use AC for both custom model training + production inference - inference serving 1T tokens a day after launching 12 weeks ago - 2X enterprise customers since last raise - 3X team since January, 85% are researchers and engineers ⁠- Working with customers like Microsoft, Shopify, Harvey, DoorDash, Cognition, Clay, Decagon and others To move even faster we need people who are extremely technical AND extremely practical. If this is you, please reach out.
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Elad Gil · x.comPublished · added here

Original title: Very excited for Gil&Co to lead this round in Applied Compute 🔥