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Monday, 2 November 2026
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Hyperbolic, which lets companies rent AI compute across ~30 neoclouds

Hyperbolic, which lets companies rent AI compute across ~30 neoclouds, raised a $30M Series A-1 led by Lip-Bu Tan's Walden Catalyst; it has raised $50M to date

TL;DRStartup lets companies rent AI compute from multiple cloud providers; raised $30M Series A-1.

Why it matters: Reduces vendor lock-in, increases competition among cloud providers, could lower AI infrastructure costs.

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