General Compute raises $100 million Series A, countering the neocloud disaster narrative

General Compute has raised $100 million in Series A funding, valuing the company at $800 million. The company is focused on using inference chips from outside the Nvidia ecosystem, unlike many other cloud computing companies. It has secured deals with chip suppliers SambaNova, Positron, and Cerebras, and has a $100 million annual recurring revenue deal with a large customer. This strategy allows General Compute to use smaller power sources and rent space in other companies' data centers, making it a niche player in the cloud computing market.