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Vultr Achieves $3.5 Billion Valuation

  • Vultr, a leading independent cloud infrastructure provider, achieves a valuation of $3.5 billion.
  • The funding from LuminArx Capital Management and AMD highlights the rising demand for AI infrastructure.
  • Vultr plans to expand its AI infrastructure and cloud computing offerings to compete with traditional hyperscalers.
  • In related developments, CoreWeave secures $2.3 billion in financing, and AMD aims to close the GPU performance gap with NVIDIA.

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