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AI infrastructure company Gimlet Labs completes $300 million in funding, led by a16z

2026-09-04 16:57

Odaily Planet Daily News AI infrastructure startup Gimlet Labs has completed a $300 million funding round, raising the company's valuation to $3 billion. The round was led by Andreessen Horowitz (a16z), with participation from Arm Holdings and Microsoft's venture capital fund M12.

Gimlet Labs primarily helps customers allocate AI tasks across different types of chips and is working with Arm to make its software compatible with Arm's various chip technologies. (Bloomberg)