AI-optimized public cloud platform Foundry raises $80M in seed and Series A funding from Sequoia Capital and Lightspeed Venture Partners.

Foundry, a new AI-optimized public cloud platform, has raised $80M in seed and Series A funding from investors including Sequoia Capital and Lightspeed Venture Partners. The Palo Alto-based company plans to use the funds to expand operations, improve product offerings, and secure strategic partnerships. Foundry's cloud platform aims to streamline GPU configuration and pricing for AI/ML workloads, catering to a range of users from large enterprises to AI startups.