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๐ฅApplied Compute completes $80 million funding round, led by Kleiner Perkins
On April 9, Applied Compute, a company building dedicated AI solutions for enterprises, announced it has raised $80 million, with a post-money valuation of $1.3 billion. Kleiner Perkins led the investment, with participation from Elad Gil, Lux Capital, Greenoaks, NEO, Hana Bicapital, and others, bringing total funding to $160 million. Applied Compute bridges the gap between intelligence and usefulness through dedicated AI, training and continuously evolving agents based on real enterprise data to help companies unlock systemic capabilities, optimize workflows, and improve performanceโฆ