24 June 2026

RunPod, which rents access to non-Nvidia servers, raised $100M led by Summit Partners at a $1B valuation, a source says up from $100M after its seed in 2024 (Stephanie Palazzolo/The Information)

Stephanie Palazzolo / The Information:
RunPod, which rents access to non-Nvidia servers, raised $100M led by Summit Partners at a $1B valuation, a source says up from $100M after its seed in 2024  —  By some accounts, the compute crunch of 2026 has become even more dire than the chip crunch of 2023, which saw …

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