[AI Startup Applied Compute in Talks for New Funding, Valuation Expected to Reach $3 Billion] According to Deep Tide TechFlow on August 11, citing sources from The Information, AI startup Applied Compute, founded by former OpenAI researchers, is negotiating a new round of funding, with its valuation expected to reach approximately $3 billion—more than double its valuation announced four months ago during its previous funding round. The company is dedicated to helping enterprises utilize their own data to run and customize open-source models. This funding comes against the backdrop of the company's recent strong revenue growth. Sources indicate that Applied Compute's current annualized revenue is approximately $50 million, nearly four times higher than the revenue level disclosed by its CEO, Yash Patil, last November. According to the sources, investor Elad Gil is in discussions to lead this funding round, which is expected to raise several hundred million dollars. It is unclear whether the valuation includes the newly injected capital. The funding round has not yet been finalized, and specific terms may still change.