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RunPod Completes $20 Million Seed Round of Financing, Led by Intel Capital and Others

RunPod Completes $20 Million Seed Round of Financing, Led by Intel Capital and Others

CointimeCointime2024/05/14 02:52
By:Cointime

According to distributed GPU cloud computing AI training model project RunPod announced the completion of a $20 million seed round of financing, jointly led by Intel Capital and Dell Technologies Capital, with participation from Julien Chaummond, Nat Friedman, Adam Lewis and others. RunPod uses global distributed GPU cloud computing services to train, deploy, and scale AI models, thereby reducing the workload of developers. According to its official website, RunPad accepts cryptocurrency payments, but reminds users to strongly recommend setting up a crypto.com account as part of the risk management process and conducting any necessary KYC checks in advance.

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