{"id":212538,"date":"2026-05-12T05:03:00","date_gmt":"2026-05-12T09:03:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/12\/start-up-raises-1-3-billion-for-an-a-i-grid\/"},"modified":"2026-05-12T07:55:10","modified_gmt":"2026-05-12T11:55:10","slug":"start-up-raises-1-3-billion-for-an-a-i-grid","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/12\/start-up-raises-1-3-billion-for-an-a-i-grid\/","title":{"rendered":"Start-Up Raises $1.3 Billion for an A.I. \u2018Grid\u2019"},"content":{"rendered":"<p><a href=\"https:\/\/www.nytimes.com\/2026\/05\/12\/technology\/amp-startup.html\">Start-Up Raises $1.3 Billion for an A.I. \u2018Grid\u2019<\/a><\/p>\n<p><a href=\"https:\/\/www.nytimes.com\/2026\/05\/12\/technology\/amp-startup.html\">https:\/\/www.nytimes.com\/2026\/05\/12\/technology\/amp-startup.html<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-12 05:03:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.nytimes.com\">www.nytimes.com<\/a><\/p>\n<ul>\n<li>Major AI companies like Amazon, Google, Anthropic, and OpenAI dominate the access to significant computing resources, excluding smaller organizations.<\/li>\n<li>Anjney Midha&#8217;s company, Amp, aims to democratize access to computing power by sourcing excess capacity from data centers and sharing it among start-ups, universities, and others.<\/li>\n<li>Amp seeks to create a global pool of specialized computer chips, addressing the issue where smaller entities lack access to the immense computing power needed for advanced AI training.<\/li>\n<li>The company has secured over $1.3 billion in funding from investors like Andreessen Horowitz, Y Combinator, and cloud computing providers, along with commitments from AI start-ups like Periodic Labs and Eleven Labs.<\/li>\n<li>Amp\u2019s model draws a parallel to electricity grids, where shared pools can distribute resources more broadly, emphasizing the concept of collective bargaining and shared benefits.<\/li>\n<li>Investors provide funds for Amp to purchase unused computing power from data centers; in return, AI start-ups join the coalition to utilize these resources and contribute additional funds and possibly other resources.<\/li>\n<li>The strategy involves pooled demand that strengthens negotiation power, enabling collective action with data center operators on behalf of many start-ups.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Start-Up Raises $1.3 Billion for an A.I. \u2018Grid\u2019 https:\/\/www.nytimes.com\/2026\/05\/12\/technology\/amp-startup.html Publish Date: 2026-05-12 05:03:00 Source Domain:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":212539,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static01.nyt.com\/images\/2026\/05\/12\/multimedia\/12biz-amp-vpkw\/12biz-amp-vpkw-facebookJumbo.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-212538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/212538"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=212538"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/212538\/revisions"}],"predecessor-version":[{"id":212540,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/212538\/revisions\/212540"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/212539"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=212538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=212538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=212538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}