Verda (Finland) raises $189M in Series B(verda.com)
43 pointsby cmrdporcupine3 hours ago12 comments
  • herodoturtle17 minutes ago
    Sincere congrats to the Verda team :-)

    Can someone please help me understand what their competitive advantage is, versus the likes of AWS / Azure et al, who are also available in the EU.

    I love a good underdog story, but I'm not understanding the economics of it.

    • 133247 minutes ago
      There are several regulated industries that need to have their computing done in the EU without ties to US companies. Sovereignty is currently a big political topic.
    • bergheim7 minutes ago
      Them putting services in EU (even as subsidiaries) is just a marketing strategy where they are straight up lying to customers so they can get more money.

      See https://en.wikipedia.org/wiki/CLOUD_Act

  • nik7362 hours ago
    Verda is great! The only thing bad about Verda is that it's sold out fairly often :-) So the $189M will hopefully help with that.
  • BiraIgnacio16 minutes ago
    This is wonderful, congrats to everyone at Verda!
  • paperboy100002 hours ago
    Excellent news for European tech stack - congrats!
  • hn45e7pbijan hour ago
    Yeah the sold out bit is telling, and it's rarely the cards, it's finding racks with enough power and cooling ready to take them.
  • robotswantdata42 minutes ago
    Very good dev experience! Congrats
  • petcatan hour ago
    AI cloud? I guess 189 mil will buy nvidia GPUs to host inference for Chinese models for Europeans? Is that what this is?
    • impossiblefork44 minutes ago
      That's a real risk.

      Hopefully it's for buying VSORA or Euclyd machines, but well...

      • lifty34 minutes ago
        Can you buy these already? I think not.
        • impossiblefork25 minutes ago
          The VSORA machines, possibly. They are apparently delivered and being installed at Scaleway.

          The Euclyd machines, probably many months away.

  • mritsan hour ago
    $198M for AI Cloud when US has a company that pays one of it's employees about that?
  • htrp2 hours ago
    yet another ai cloud
    • dude250711an hour ago
      Yeah, but this time like... In EU!
  • hnx0rqy49u37 minutes ago
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  • hndhyc0bdt2 hours ago
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  • ivyBadger920an hour ago
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