By some accounts, the compute crunch of 2026 has become even more dire than the chip crunch of 2023, which saw even venture capital firms becoming quasi-cloud providers temporarily. That’s good news for a subclass of firms that popped up to rent out computing power and help developers run ...

By some accounts, the compute crunch of 2026 has become even more dire than the chip crunch of 2023, which saw even venture capital firms becoming quasi-cloud providers…

Runpod has raised $100M at a $1bn valuation, a tenfold jump in two years, and says it turned down buyout offers worth more than $500M.