Former OpenAI Researchers Launch Applied Compute
Applied Compute Inc., a new startup founded by three former OpenAI researchers, has secured $80 million in funding.
The company, launched by Yash Patil, Rhythm Garg, and Linden Li, aims to develop custom artificial intelligence models for enterprises.
- Benchmark, Sequoia, and Lux provided the capital, along with a group of angel investors.
- The company's valuation was not disclosed, although it was reported to be raising capital at a $500 million valuation last month.
Applied Compute was launched a few months before its initial raise by Yash Patil, Rhythm Garg, and Linden Li.
Author's summary: Former OpenAI researchers launch Applied Compute with $80M funding.
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