Runpod has raised $100M and reached a $1bn valuation, a tenfold jump in under two years. The cloud startup rents out AI computing power, and it says it turned down buyout offers worth more than $500M. The great AI compute crunch is minting a new kind of winner.

Source: [TNW](https://thenextweb.com/news/runpod-100m-summit-partners-1bn-valuation)

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