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Stockreport

ScaleOps raises $130M to improve computing efficiency amid AI demand [TechCrunch]

NVIDIA Corporation (NVDA)  More Company Research Source: TechCrunch
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
ScaleOps believes the problem isn't a shortage — it's mismanagement. The startup, which builds software that automatically manages and reallocates computing resources in real-time, has raised $130 million at an $800 million valuation, ScaleOps said Monday. The Series C funding round was led by Insight Partners, with participation from existing investors, including Lightspeed Venture Partners, NFX, Glilot Capital Partners, and Picture Capital. The company says its software reduces cloud and AI infrastructure costs by as much as 80%. ScaleOps was co-founded in 2022 by Yodar Shafrir, a former engineer at Run:ai, a GPU orchestration startup acquired by Nvidia , after seeing firsthand how difficult it was for companies to manage increasingly complex AI workloads. While tools like Kubernetes help run applications across large clusters of machines, they often rely on static configurations that struggle to keep up with fast-changing demand, leading to underused GPUs, performance issues, a [Read more]
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Stockreport

ScaleOps raises $130M to improve computing efficiency amid AI demand [TechCrunch]

NVIDIA Corporation  (NVDA) 
More Company Research Source: TechCrunch
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
ScaleOps believes the problem isn't a shortage — it's mismanagement. The startup, which builds software that automatically manages and reallocates computing resources in real-time, has raised $130 million at an $800 million valuation, ScaleOps said Monday. The Series C funding round was led by Insight Partners, with participation from existing investors, including Lightspeed Venture Partners, NFX, Glilot Capital Partners, and Picture Capital. The company says its software reduces cloud and AI infrastructure costs by as much as 80%. ScaleOps was co-founded in 2022 by Yodar Shafrir, a former engineer at Run:ai, a GPU orchestration startup acquired by Nvidia , after seeing firsthand how difficult it was for companies to manage increasingly complex AI workloads. While tools like Kubernetes help run applications across large clusters of machines, they often rely on static configurations that struggle to keep up with fast-changing demand, leading to underused GPUs, performance issues, a [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS