Volta raises $300M at $2.4B valuation, claims $10B AI contract

AI cloud startup Volta Infra Holdings raised $300M in a round co-led by a16z and Altimeter at a $2.4B valuation, according to Bloomberg via Techmeme. The company says it secured a $10B contract with an unnamed leading AI developer.
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Original reporting: AI cloud startup Volta raised $300M co-led by a16z and Altimeter at a $2.4B valuation and says it landed a $10B contract with an unnamed leading AI developer (Dina Bass/Bloomberg)