[AI computing startup General Compute raises $100 million in Series A funding, valuing the company at $800 million post-money] BlockBeats reported on October 27th that General Compute has raised $100 million in Series A funding, led by Blackbird Ventures and Abstract Ventures. The company's valuation after its seed round in May was $60 million, and its post-money valuation has now risen to $800 million. General Compute focuses on building its cloud computing business using dedicated inference chips manufactured by Nvidia's competitors and has entered into a new $400 million chip procurement agreement with SambaNova, marking its first debt financing deal specifically for inference chips. (TechCrunch) [Original Link]