Alembic Technologies Raises $145M Series B, Valuation Jumps 16-Fold as Company Builds Nvidia-Powered Supercomputer for Causal AI
Summary
Alembic Technologies secures $145M Series B funding with valuation skyrocketing 16-fold as the startup builds an Nvidia Blackwell GPU-powered supercomputer to deliver enterprise causal AI that understands cause-and-effect relationships for regulated industries.
Key Points
- Alembic Technologies raises $145 million in Series B funding, increasing its valuation almost 16-fold while focusing on enterprise causal AI that understands cause-and-effect relationships rather than just patterns
- The company purchases an Nvidia NVL72 superPOD equipped with Blackwell GPUs to create one of the fastest privately owned supercomputers for processing causal AI workloads and customer data
- Prysm Capital and Accenture co-lead the funding round, with Accenture emphasizing that causal AI provides the reliability and verifiable insights needed for regulated enterprise environments