Meltem Demirors: Marble Group launches with $11 million seed round

Meltem Demirors: Marble Group launches with $11 million seed round
Marble Group launches with $11 million funding

Marble Group, a new compute lender, has launched with a $11 million seed round. Meltem Demirors shared congratulations to the founders and described compute as an asset class that will be priced, traded, hedged, and speculated on.

Earlier, Meltem Demirors assessed that concerns around Coreweave were overblown, noting a need for continued price discovery in the business model (Coreweave panic considered excessive in current market phase, Meltem Demirors notes). She has also observed strong revenue growth among AI companies in the B2B SaaS sector (Meltem Demirors: AI companies in B2B SaaS are experiencing strong revenue growth). These previous market observations come as new entrants like Marble Group test appetite for compute as a priced asset.

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