[AI Computing Cloud Service Provider General Compute Raises $100 Million in Series A Funding, Valuing the Company at $800 Million Post-Money] According to TechCrunch, General Compute, an AI computing cloud service provider specializing in non-Nvidia inference chips, announced on October 27th that it has completed a $100 million Series A funding round led by Blackbird Ventures and Abstract Ventures, valuing the company at $800 million post-money, a significant increase from its $60 million seed round in May. This funding round benefits from a major customer contract with annual recurring revenue (ARR) of $100 million. The company previously reached a $400 million chip procurement agreement with SambaNova (referred to as its first inference chip debt financing) and added Positron and Cerebras as chip suppliers. It deploys computing power by leasing third-party data centers and refurbishing old Bitcoin mining farms, planning to deploy 75 megawatts of computing power by 2027 and expecting to obtain 200 megawatts of power resources.