Nexthop AI Raises Oversubscribed $500 Million Series B at $4.2 Billion Valuation

The AI infrastructure company said the round included a16z, Lightspeed, Altimeter Capital, Battery Ventures, Emergent Ventures, Kleiner Perkins, USIT and WestBridge Capital, with proceeds set to fund network infrastructure and three new platforms.

Summary

verifying reliability

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