Palo Alto-based PaleBlueDot AI, an intelligence infrastructure platform provider, has secured $200 million in Series C financing at a $3.2 billion valuation. The round was led by ComputeCore, with participation from B Capital and other investors.
The company plans to use the new capital to expand its operations and accelerate development efforts as demand for AI compute continues to grow among enterprises and developers.
Led by CEO Stephen Watts, PaleBlueDot AI delivers intelligence compute through a unified platform built for enterprise-scale deployment. Its offering brings together three businesses: self-owned GPU clusters, a GPU marketplace and serverless inference services.
This combination gives customers on-demand access to compute across a global network of supply partners, providing flexible options for developers and enterprises running AI workloads at scale.
PaleBlueDot AI serves enterprise-scale customers worldwide, with clients in the United States and Japan together accounting for more than half of its monthly revenue.
