A stealthy startup from ex-OpenAI researchers, Applied Compute, has emerged with $80 million in funding to argue that general-purpose AI is just the beginning. The company, backed by heavyweights like Benchmark and Sequoia, is betting that the next major leap in productivity will come from what it calls "Specific Intelligence."
Inside sources close to the deal shared with StartupHub.ai that the round's valuation is close to $700 million.