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Runpod Rejects Buyout Offers Above $500M as Revenue Doubles to $240M

  • Infra & Chips
  • Funding & M&A

Runpod, a GPU cloud platform for AI, disclosed on June 24, 2026 that it turned down multiple buyout offers above $500 million and instead raised $100 million at a $1 billion valuation. The move follows roughly a doubling of its annualized revenue to about $240 million over the past five months.

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