Advanced Micro Devices' (AMD) venture arm and LuminArx Capital Management co-led a funding round in Vultr, valuing the cloud infrastructure provider at $3.5 billion, Vultr said Wednesday.
The startup raised $333 million via the funding round, CNBC and other media outlets said.
Vultr, which offers Advanced Micro Devices and Nvidia (NVDA) GPUs for artificial intelligence applications, said it raised equity financing for the first time. The startup said it will use the financing to continue a global expansion in cloud computing and AI infrastructure.
Advanced Micro Devices and Vultr did not immediately respond to MT Newswires' requests for comment.
Advanced Micro Devices shares were up 1.9% in recent trading.
Price: 127.41, Change: +2.39, Percent Change: +1.91
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。