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AI Compute Startup Andromeda Raises $60M At $1.5B Valuation

Andromeda CEO Wil Moushey says “there’s a certain amount of discretion” needed to be a GPU market maker in AI today. Credit: AndromedaOn the Friday before Thanksgiving in 2023, investor Daniel Gross called entrepreneur Wil Moushey with a job offer.Over the previous few months, Gross and the VC firm he’d co-founded with Nat Friedman, NFDG, had half-accidentally ended up running what looked like a 1980s Wall Street stock trading desk, but for Silicon Valley’s most prized commodity: computing.“I go...

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