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

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

- Source: Elad Gil
- Published: 2026-11-02T17:25:02.000Z
- Bad Influence: https://badinfluence.news/items/jdplld58jeb1sofrg3oxkj5vs
- Original: https://x.com/eladgil/status/2117307005849522232

## Summary

Elad 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. It also reports that 40% of customers use the platform for both custom model training and production inference.

## Post

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

Amazing post-training team out of OpenAI with ⭐️ customers

## Quoted post @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.

https://x.com/ypatil125/status/2117305151627411557
