Gimlet Labs Raises $300 Million at $3 Billion Valuation Led by a16z

AI infrastructure startup Gimlet Labs has secured $300 million in funding, bringing its valuation to $3 billion. The round was led by Andreessen Horowitz (a16z), with participation from Arm Holdings and Microsoft's venture fund, M12. Gimlet Labs specializes in distributing AI tasks across various chip architectures and is collaborating with Arm to ensure software compatibility with its diverse chip technologies.