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Verda (Finland) raises $189M in Series B

88 points · 52 comments · cmrdporcupine

  1. herodoturtle · · focus · HN ↗
    Sincere congrats to the Verda team :-)

    Can someone please help me understand what their competitive advantage is, versus the likes of AWS / Azure et al, who are also available in the EU.

    I love a good underdog story, but I'm not understanding the economics of it.

    1. itkovian_ · · focus · HN ↗
      Well I mean Verda is significantly cheaper than the hyperscalars for the exact same device so that’s one thing.

      Maybe one argument could be there’s very little value added services required over the raw compute in this new world, and they’re structurally setup to capitalise on that whereas hyperscalars are not.

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