Progress

NewsAugust 18, 2026

From Zero to One

We shipped our first rack to Jane Street. This is the first step on our mission to run the world’s inference.

NewsJuly 23, 2026

Accelerating Inference

We’ve raised $300M at a $10.3B valuation, led by Sequoia Capital alongside Andreessen Horowitz, Jane Street, Diffusion, Argo, and SK Hynix. We’re grateful for their support on our journey to Gigawatt-scale. Our mission is to run the world’s inference. We believe the world’s most powerful models require an entirely new form of computing. Frontier models deserve frontier inference clusters: co-designed chips, packages, PCBs, cold plates, interconnects, and more that push the entire pareto curve on the most demanding workloads. Today, under 1% of the global population has access to the most advanced AI models. Distributing access will require better technology to deliver more tokens / watt and many Gigawatts worth of compute. Our mission has never been more urgent.

NewsJune 30, 2026

Frontier Inference Clusters

We co-design chips, racks, software, and manufacturing methods so frontier models can run with best-in-class throughput, latency, cost, and power efficiency for both prefill and decode workloads. Earlier this year our A0 silicon came back from TSMC N4P, and today we are busy validating our first rack-scale product with customers to fulfill $1B in demand. We’re a team of 400+ engineers from NVIDIA, Google TPUs, Broadcom, SK Hynix, TSMC, and more. We’ve raised $800M across four unannounced financings, including a strategic investment from VentureTech Alliance. We’re excited to deepen our partnership with the world’s leading semiconductor manufacturer.