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October 27, 2026 ai_technology technology

Neocloud General Compute, which specializes in bare-metal infrastructure, raised a $100M Series A led by Blackbird and Abstract at an $800M post-money valuation (Tim Fernholz/TechCrunch)

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Tim Fernholz / TechCrunch: Neocloud General Compute, which specializes in bare-metal infrastructure, raised a $100M Series A led by Blackbird and Abstract at an $800M post-money valuation — CoreWeave, a publicly traded neocloud that rents out computing power for AI, has seen its stock price fall to a 12-month low …

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