Peak XV Partners-backed Blacksmith raises Series C funding at unicorn valuation
The round also saw participation from Premji Invest and existing investors Peak XV Partners, GV and Y Combinator.
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The round also saw participation from Premji Invest and existing investors Peak XV Partners, GV and Y Combinator.
While financial details were not officially revealed, reports suggest the deal could be worth more than $300 million.
The funding round also saw participation from RTP Global and Unicorn India Ventures.
This move reflects broader industry trends, as tech companies compete to build advanced cloud systems capable of supporting generative AI technologies.
The investment will be part of a strategic deal to deploy at least 10 gigawatts of Nvidia systems for OpenAI’s next-generation AI infrastructure.
Google's capital commitment is aligned with broader industry trends as technology corporations accelerate domestic data center construction to support the rapidly expanding AI sector in the US.