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Exclusive: AI cloud startup Ori is in talks to raise up to $80 million in funding, sources say

  • AI cloud startup Ori is in talks to raise up to $80 million in funding.
  • Ori builds infrastructure using Nvidia GPUs for companies to train and deploy AI applications via the cloud.
  • Ori had about $42 million in annual recurring revenue as of Q1 2024.
  • The startup plans to invest extensively in the UK AI infrastructure over the next 24 months.

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