Gate News message, April 9. Applied Compute, an AI company focused on building dedicated, intelligent AI for enterprises, announced the completion of $80 million in funding, with a post-investment valuation of $1.3 billion. This round was led by Kleiner Perkins, with participation from Elad Gil, Lux Capital, Greenoaks, NEO, Hana Bicapital, and others. With this, Applied Compute’s total funding to date has reached $160 million.
Applied Compute aims to close the gap between “smart” and “useful” through “Specific Intelligence.” The company trains proprietary agents based on the real operating conditions of enterprises, enabling them to continually self-evolve, helping businesses unlock institutional context, train agents for specific workflows and performance standards, and deploy them to production front lines. Applied Compute believes that intelligence should serve specific enterprises and be controlled by the enterprises themselves.
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