Tech

AI Compute Trading Startup Raises Funding

Updated 2026-07-06 09:40 UTC 1 source Neutral

Ornn, a startup backed by Andreessen Horowitz, secured $33 million to create a marketplace for trading computing power. This could revolutionize how AI resources are allocated and monetized.

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Axios

Startup bets that investors want to trade compute like a commodity

Ornn, an Andreessen Horowitz-backed startup, raised a $33 million seed round to build a marketplace for trading the computing power that underpins today's AI boom, similar to what exists for oil traders. <

2026-07-06 09:20 UTC