Andromeda AI raised $60M from Paradigm at a $1.5B valuation, doubling its revenue run rate to $100M...
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The article updates the AI Infrastructure player map with a high-growth intermediary and provides a specific signal regarding GPU supply dynamics via decentralized marketplaces (cross.§A).
NoveltySignificance
AI Infra · Player MapCompute Economics
Andromeda AI raised $60M from Paradigm at a $1.5B valuation, doubling its revenue run rate to $100M in 2025 while maintaining profitability since launch just two years ago. The startup aggregates GPU capacity from 100+ providers including crypto mining ops and ISPs, offering 50-70% cost savings over hyperscalers like AWS and Azure. This signals a growing shift toward decentralized compute marketplaces that democratize AI infrastructure access for startups spending $250M-$500M annually on compute. As Paradigm expands from crypto into AI with a $1.5B fund, the GPU infrastructure layer is becoming a high-value intermediary between compute supply and AI demand.