Inference cloud operator General Compute raises $400M in debt financing
Artificial intelligence infrastructure startup General Compute Inc. today announced that it secured $400 million in debt financing.
Upper90, the investment firm that is underwriting the round, will initially provide the company with $100 million. General Compute plans to draw down additional funds as customer demand increases.
Unlike most AI infrastructure providers, General Compute is not using Nvidia Corp. graphics cards. The company has based its cloud platform on chips from Advanced Micro Devices Inc. and SambaNova Inc., a fellow startup that recently raised $1 billion in funding.
AI models answer user prompts through a two-step workflow. They start by extracting the meaning of a prompt, a step known as the prefill phase. They then generate a response one token at a time in a process known as decoding.
