“Runpod, an AI app hosting platform that launched four years ago, has hit a $120 million annual revenue run rate, founders Zhen Lu and Pardeep Singh tell TechCrunch.”

“Their startup journey is a wild example of how if you build it well and the timing is lucky, they will definitely come.”

“Boston-based Tulip announced today it has raised $120 million in a Series D funding round led by Mitsubishi Electric, at a valuation of $1.3 billion.”