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PaleBlueDot AI Raises $150M Series B to Scale Global AI Compute Infrastructure

PaleBlueDot AI Raises $150M Series B to Scale Global AI Compute Infrastructure

February 6, 2026 Craig Etkin

Financing to Accelerate Deployment of High-Performance AI Compute Across Key Global Regions

PALO ALTO, Calif., Jan. 28, 2026 /PRNewswire/ — PaleBlueDot AI (“the Company”), a Silicon Valley-based AI compute platform founded in 2024, today announced the completion of a $150 million Series B financing, valuing the company at over $1 billion. The round was led by B Capital, a San Francisco- and Singapore-headquartered investment firm with more than $9 billion in assets under management.

The financing follows a year of significant growth, with revenue increasing more than 10-fold, driven by strong enterprise demand for scalable, cost-efficient AI compute solutions and the company’s ability to deliver capacity rapidly and reliably.

The AI Compute market has been growing exponentially, driven by development cycles, inference demand and real-time application usage that creates sharp, unpredictable spikes in usage. Organizations need global availability and performance reliability across regions to support stable, long-duration workloads. With a growing global footprint across North America, Japan, Korea, and Southeast Asia, PaleBlueDot AI delivers enterprise-grade AI compute with speed and predictability across regions.

“With the vision to empower AI everywhere for everyone, ultimately, our mission is to make intelligence universally accessible,” said Stephen Watts, CEO of PaleBlueDot AI.

“AI is transitioning from language interfaces to operational systems that execute tasks and integrate directly into real-world workflows. As AI becomes foundational to how companies operate, the need for high-performance, reliable, and cost-efficient infrastructure has never been more critical. At PaleBlueDot AI, we are committed to building a global AI compute platform to meet customers’ evolving inference and deployment needs, recognizing that broader adoption depends on compute that can scale efficiently and economically. We build our services with a customer-first mindset, which enables us to operate sustainably and support long-term growth for our customers and partners.”

The new capital will be primarily used to strengthen PaleBlueDot AI’s core technology capabilities, with significant investment in platform engineering and technical talent to further enhance its full-stack, multi-tenant cloud architecture, and acceleration of its AI Cloud Agent. The Company will expand its go-to-market capabilities and support continued global expansion, scaling operations to meet growing enterprise demand for trusted, high-performance AI compute.

About PaleBlueDot AI
PaleBlueDot AI is a Silicon Valley-based AI compute platform with a growing global footprint. The company delivers high-performance AI compute through a unified platform designed for enterprise-scale deployment. Guided by its mission to make intelligence universally accessible, PaleBlueDot AI enables organizations to build, deploy, and scale AI faster, better, and cheaper. Named after the image of Planet Earth taken on the 1990 Voyager space mission coined by Carl Sagan as “a pale blue dot,” the company shares a belief in the transformative potential of AI technology to benefit all of humanity.

Contact:
palebluedotAI@fgsglobal.com

SOURCE PaleBlueDot AI

Copyright © 2026 Cision US Inc.


Venture Capital
California, Cision, PaleBlueDot AI, Palo Alto, PRNewswire, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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