AI infrastructure company Verda has completed a $189 million financing round, led by Emergence Capital

According to Bloomberg, artificial intelligence infrastructure company Verda has completed a new round of financing of $189 million, led by Emergence Capital, with participation from MUFG Innovation Partners, computer manufacturer Super Micro Computer, Varma Mutual Pension Insurance, and Lifeline Ventures.

It is reported that the company's valuation has reached at least $1 billion after the financing.