Gimlet Labs raised $300 million in a new funding round. The round values the company at $3 billion. Gimlet sells software that splits AI work across different types of chips. Andreessen Horowitz led the round. Arm Holdings and M12, Microsoft's venture fund, invested for the first time. Gimlet is also working with Arm to make its software run on Arm chip designs. Chief Executive Zain Asgar gave the details in an interview. The figures come from Bloomberg.
- $300 million raised
- $3 billion valuation
Sources