Start-up Vultr hits $3.5bn valuation in funding frenzy for AI cloud groups

AMD invests in GPU cloud provider Vultr at $3.5 billion valuation

AMD's investment in Vultr comes after Nvidia backed GPU startup CoreWeave.

Start-up Vultr hits $3.5bn valuation in funding frenzy for AI cloud groups

Data centre operator raises $333mn from investors in bet that companies will look for alternatives to Microsoft and Google

Vultr teams with AMD, Broadcom, Juniper to advance GPU data center architecture

Via EdgeIR.comGPU cloud provider Vultr has partnered with AMD, Broadcom, and Juniper Networks to develop a new GPU data center architecture.... The post Vultr teams with AMD, Broadcom, Juniper to advance GPU data center architecture first appeared on Edge Industry Review.http://dlvr.it/TGtZpP

Vultr Achieves $3.5 Billion Valuation

JJ Kardwell, CEO of Vultr, announced on LinkedIn that the company, a leading independent cloud infrastructure provider, has achieved a valuation of $3.5 billion after securing funding from LuminArx Capital Management and AMD. The funding highlights the rising demand for AI infrastructure and marks a major milestone for the company. Founded in 2014 by David Aninowsky, Vultr has grown solely on operating cash flow and has become a major player in …

Vultr secures financing from AMD and LuminArx

Vultr has finalised a growth financing round at a $3.5bn valuation, led by LuminArx Capital Management and AMD Ventures.

Vultr Completes Financing With LuminArx and AMD Ventures at $3.5 Billion Valuation, Accelerating Growth in AI Infrastructure

Financing Solidifies Vultr’s Position as the Largest Self-funded Cloud Infrastructure Company Ever Built Vultr, the world’s largest privately-held cloud infrastructure company, announced it has completed a growth financing at a $3.5 billion valuation, led by LuminArx Capital Management and AMD Ventures. Vultr will use this new equity financing to support its accelerated global expansion in AI infrastructure and cloud computing. Building on m…