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doubleAI announced today it raised $200 million in Series A funding led by Lightspeed and Bessemer, joined by Nvidia and Dell. The investment values the Tel Aviv-based company at more than $1 billion. doubleAI plans to use half the funds to buy 1,000 Nvidia B300 Blackwell graphics cards to compete with OpenAI and Anthropic.
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Summary by ByteBrief
Exclusive | Nvidia-Backed Startup doubleAI Launches Model to Pare Cost of Compute

Tel Aviv-based doubleAI releases its debut code execution model to optimize GPU and CPU performance; doubleAI raised $220M and acquired 1,000 Nvidia B300 chips (Belle Lin/Wall Street Journal)

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