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Applied Compute announces $350 million financing

Applied Compute announced $350 million in new funding at a $3.25 billion valuation, led by Elad Gil. The company separately says it reached a $100 million annualized revenue run rate and describes enterprise customers; those are company-reported figures, not money raised or independent proof of future results.

Applied Compute

2026 financing

Funding & Deals

Published (date only)

Updated

1 source

Primary source · Applied Compute · November 2, 2026

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