Nexthop AI, backed by $110M in funding from Lightspeed Ventures, has been launched to provide cloud AI infrastructure solutions to major cloud companies. The funding includes both seed and Series A rounds, highlighting the company’s focus on hardware and software for cloud-based artificial intelligence systems. Led by Lightspeed Ventures, Nexthop AI aims to support the development of cutting-edge AI technologies for the world’s largest cloud networks.
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Welcome to The Stepback, a weekly breakdown of one essential story from across the tech world
I’m excited to announce The Stepback, a weekly subscriber-only newsletter edited by me for The Verge, featuring a new story each Sunday from various writers. The first issue, launching August 10th, will explore topics like auto trends and foldable phones, available exclusively to Verge subscribers for $7 monthly or $50 annually. Want More Context? 🔎
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