Oxide valued at $6B on bet companies want to own compute
Seven years ago Oxide bet that companies would own their own hardware infrastructure instead of renting from AWS. With AI demand triggering a global compute shortage, that bet is paying off and the company is now valued at $6 billion.
- Oxide is valued at $6 billion
- Bet on owning servers instead of renting from AWS
- Global AI compute shortage boosted the strategy
Read next
Business