Runpod

“Summit Partners led a $100M Series A at a $1.0B valuation, underscoring how much value is accruing to the picks-and-shovels layer as GPU demand stays structurally tight.”

“The majority of the week's largest deals were in companies building the plumbing for AI — GPU clouds, agent evaluation, network automation, and security.”

“Runpod...$100M at $1B valuation; rents compute to AI developers for training, fine-tuning, and inference”