GPU cloud startup Vultr secures AMD backing in $333 million …

Dec 19, 2024 · Cloud infrastructure company Vultr has raised $333 million in funding as part of an investment round that values the firm at $3.5 billion. Founded in 2014 by David Aninowsky and …

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GPU Cloud Startup Vultr Secures AMD Backing In $333 Million …

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Dec 19, 2024 · Cloud infrastructure company Vultr has raised $333 million in funding as part of an investment round that values the firm at $3.5 billion. Founded in 2014 by David Aninowsky and …

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AMD Invests In GPU Cloud Provider Vultr At $3.5 Billion Valuation

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Dec 18, 2024 · AMD's investment in Vultr comes after Nvidia backed GPU startup CoreWeave.

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AMD Backs $333M Funding Round For Cloud Infrastructure Provider …

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Dec 18, 2024 · Cloud infrastructure startup Vultr Inc. today disclosed that it has raised a $333 million funding round at a $3.5 billion valuation.LuminArx Capital Management and AMD …

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Vultr Raises $333M To Scale GPU Fleet Amid AI Cloud Computing …

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The $333 million infusion came from LuminArx Capital Management and AMD Ventures, marking the first time Vultr has accepted outside equity since it began operations a decade ago. This …

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AMD And LuminArx Boost Cloud Startup Vultr With $333 Million …

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Dec 18, 2024 · The West Palm Beach, Florida-based Vultr, now valued at $3.5 billion, plans to use the financing to acquire more graphics processing units (GPUs), the chips that power AI …

investing.com

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AI Cloud Startup Vultr Raises $333M At $3.5B In First Outside …

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Dec 18, 2024 · AI cloud infrastructure startup Vultr raised $333 million in growth financing at a $3.5 billion valuation, marking the decade-old startup’s first outside round of financing.. The …

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Cloud AI Startup Vultr Raises $333 Million At $3.5 Billion Valuation

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Chip giant Advanced Micro Devices and hedge fund LuminArx Capital Management raised $333 million for a growth financing round for cloud startup Vultr, a sign of the hot demand for artificial ...

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Vultr Secures $3.5 Billion Valuation In Financing From LuminArx …

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Dec 18, 2024 · The financing comes at a pivotal time. A recent research report commissioned by Vultr predicts that enterprises will push AI workloads beyond training and into edge …

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Vultr Completes $333m Financing With LuminArx And AMD …

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Dec 19, 2024 · Cloud infrastructure company Vultr has completed a growth financing round which valued the company at $3.5 billion. The round was led by LuminArx Capital Management and …

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Cloud AI Startup Vultr Raises $333 Million From Advanced Micro ...

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Dec 19, 2024 · The business reports its valuation hit $3.5 billion after its first funding round as it aims to be a major player in the AI chip market. STORY HIGHLIGHTS Vultr secured $333 …

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Vultr Brings AMD On As A New Investor As It Raises $333mn To …

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Dec 19, 2024 · There was a flurry of industry interest in the first-ever funding round for cloud computing firm Vultr, which secured $333 million in new investment at a valuation of $3.5 …

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GPU Cloud Unicorn Vultr Raises $333M At $3.5B Valuation From …

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Dec 19, 2024 · Vultr, a US-based cloud infrastructure company, has closed a growth financing of $333 million at a $3.5 billion valuation.The investment round was led by LuminArx Capital …

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Vultr Secures $333M Funding, Reaching $3.5B Valuation With AMD …

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AMD and LuminArx boost cloud startup Vultr with $333 million funding By Investing.com. Investing.com -- Advanced Micro Devices (NASDAQ:AMD) and hedge fund LuminArx Capital …

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AMD And LuminArx Boost Cloud Startup Vultr With $333 Million …

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Dec 18, 2024 · Investing.com -- Advanced Micro Devices (NASDAQ: AMD) and hedge fund LuminArx Capital Management have jointly raised $333 million in a growth financing round for …

investing.com

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Cloud AI Startup Vultr Raises $333 Million At $3.5 Billion Valuation

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Dec 19, 2024 · AMD aims to become Vultr’s “preferred” AI hardware provider, though it won’t force the choice, Hein said. Earlier this year, AMD unveiled its latest generation of AI chips, …

substack.com

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Cloud AI Startup Vultr Raises $333 Million At $3.5 Billion Valuation

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Dec 18, 2024 · The funding is Vultr’s first injection of outside capital. The company got its start providing cloud-computing for businesses’ information-technology systems and it also offers AI …

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Vultr’s $333M Leap: A New Challenger Rises In The AI Cloud Arena

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Dec 27, 2024 · In a dramatic turn that could reshape the artificial intelligence (AI) infrastructure landscape, West Palm Beach-based cloud startup Vultr has secured $333 million in funding at …

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AMD And LuminArx Invest $333 Million In Cloud Startup Vultr- Report

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Dec 18, 2024 · Investing.com -- Advanced Micro Devices (NASDAQ: AMD) and hedge fund LuminArx Capital Management have invested $333 million in a growth financing round for …

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AMD Trades At $125 Amid Its $333 Million Investment In Cloud …

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Dec 18, 2024 · Most memorably, the $3.5 billion cloud startup Vultr received a $333 million check from AMD and LuminArx Capital Management. With this funding, Vultr plans to increase its …

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FAQs about GPU cloud startup Vultr secures AMD backing in $333 million … Coupon?

Will Vultr acquire GPUs for AI infrastructure growth?

Vultr plans to acquire GPUs for AI infrastructure growth. Vultr secured $333 million in its first-ever funding round to grow its AI infrastructure and cloud computing business. The West Palm Beach-based business reports its valuation hit $3.5 billion after the growth financing investment. ...

What is Vultr doing with luminarx & AMD?

See additional media coverage for this announcement here. Vultr completes financing round with LuminArx and AMD at a $3.5 billion valuation, accelerating growth in AI infrastructure. ...

Did luminarx raise $333 million for cloud startup Vultr?

Photo: Bloomberg News Chip giant Advanced Micro Devices and hedge fund LuminArx Capital Management raised $333 million for a growth financing round for cloud startup Vultr, a sign of the hot demand for artificial intelligence infrastructure. ...

How much is Vultr worth?

Vultr, a startup that rents out graphics processing units and other cloud infrastructure to businesses, has raised $333 million in a transaction that values the company at $3.5 billion. AMD ’s venture arm and hedge fund LuminArx Capital Management led the round. ...

Does Vultr have an AI chip?

Unlike some top cloud providers, Vultr doesn’t have its own AI chip that competes with AMD or Nvidia. “We will never seek to build GPUs and compete with that layer,” Vultr CEO J.J. Kardwell told CNBC in an interview. ...

How much did Vultr raise?

AI cloud infrastructure startup Vultr raised $333 million in growth financing at a $3.5 billion valuation, marking the decade-old startup’s first outside round of financing. ...