Business overview
Independent GPU cloud focused on developer/researcher and mid-market AI workloads.
Cheaper alternative GPU access for indie devs and SMB AI shops; brand-strong but smaller than CoreWeave.
Products
- On-demand GPU cloud
- Reserved GPU clusters
Customers (2)
- AI startups
- Researchers
Competitors (3)
- CoreWeave
- Together AI
- Hyperscalers
Composite score
Higher = stronger overall research case
Fundamental53
Technical50
Valuation60
AI relevance60
Risk-adjusted (higher = safer)41
Segment-relative fundamental percentile: 45
Financial summary
Curated, illustrative
Revenue
$450.00M
Growth (YoY)
100.0%
Gross margin
35.0%
Operating margin
2.0%
FCF
$-135.00M
Capex
$1.80B
Net cash / (debt)
$0.00
ROIC
-8.0%
Customer conc.
Medium
Valuation
Market cap
$5.00B
Enterprise value
$5.00B
P/E (TTM)
—
Forward P/E
—
EV / Sales
—
EV / EBITDA
—
P / FCF
—
PEG
—
Rule of 40
—
Risks
Severity 1 (low) to 5 (severe)
- 4Customer churn to hyperscalers
Score components
What drove the composite
Growth100
Profitability32
Cash generation20
Balance sheet78
Moat / AI relevance62
Capital intensity (higher = lighter)20
Customer diversification60
Valuation discipline (dilution)42
Trend (MA50/MA200)50
Momentum (3/6/12m)50
Relative strength50
Realized vol (higher = lower vol)50
Segment peers
Other companies in Data centers