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News Wire / economy

Amp Raises $1.3B For Computing Capacity Marketplace

New York 12h Impact 3
Amp, a company that buys excess computing capacity from data center operators, has raised $1.3 billion. The funding round was led by a16z and will be used to sell capacity to startups and universities.

Topics

venture capital cloud computing marketplace

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Sources · 7 independent

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“Amp, which aims to buy excess computing capacity from data center operators to sell to startups, universities, and more, raised $1.3B from a16z and others (Cade Metz/New York Times)”

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