AI & Enterprise
AI cloud Runpod hits $120 million annual run rate, targets developers
Runpod has reached a $120 million annual revenue run rate, TechCrunch reported. The AI app hosting platform provides infrastructure that allows AI developers to run AI applications without a cloud. Runpod said it has secured 500,000 developers as customers in four years. It raised $20 million in seed funding led by Dell Technologies Capital and Intel in May 2024. Runpod operates 31 global regions and counts several companies as customers.
