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Runpod Raises $100M Led by Summit Partners to Accelerate the AI Developer Cloud

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NEWARK, N.J., June 24, 2026 /PRNewswire/ — Runpod, the AI Developer Cloud, today announced a $100 million growth investment led by Summit Partners. The round comes on the heels of strong momentum for Runpod, which is now valued at $1.0 billion. The company has more than one million developers building on the platform. The new capital will fund continued investment in the full lifecycle AI development platform those developers depend on to take AI from first experiment to production.

Runpod is the AI developer cloud, offering AI developers a single destination to build. While much of the market has converged on hosted inference, developers use Runpod to experiment, train, fine-tune, run inference, and scale multi-node runs, all from one platform, with a library of models and templates ready from day one. With self-serve access, transparent per-second pricing and no commitment minimums, most developers are running their first workload within an hour of sign-up.

“The market spent the last two years narrowing to inference, but builders need more than that,” said Zhen Lu, CEO of Runpod. “They need one place to take an idea from first experiment to production traffic, without stitching together multiple tools or waiting on a procurement cycle. That is precisely the cloud we are building. This funding lets us build it faster, to serve the next million developers and more.”

The company’s growth underscores both the depth of developer demand and Runpod’s ability to meet the needs of that community. Runpod’s Serverless platform has processed more than 20 billion inference requests to date. Developers stay because the platform earns it. The median time from sign-up to a first running workload is under an hour, more than 90 percent of deployments succeed on the first try, and 85 percent of developers who deploy come back to build more.

Runpod’s customers range from independent AI researchers to teams building and serving frontier models. Deep Cogito built its Cogito v1 family of open models entirely on Runpod. “We trained Cogito v1, a family of models that outperforms size equivalent models from LLaMA and DeepSeek, in 75 days with a small team, entirely on Runpod,” said Drishan Arora, Co-Founder and CEO at Deep Cogito. “The ability to iterate fast on world-class GPU infrastructure without building our own cluster is a genuine competitive advantage.”

The platform continues to gain traction across the open-source community. “It’s easy to see why Runpod has resonated so strongly with the broader machine learning community,” said Julien Chaumond, Cofounder and CTO at Hugging Face. “Accessible, flexible compute is core to how we think about democratizing AI, and Runpod is one of the few companies that understands that.”

With this funding, Runpod will invest in the platform and developer experience, expand the team across engineering and developer relations, and broaden global access for developers wherever they build.

“Developers building with AI today need infrastructure that can keep pace with how fast the technology is moving and the flexibility to go from early experiment to production without switching platforms,” said Michael Medici, a Managing Director at Summit Partners who will join the Runpod Board of Directors. “Runpod has built a platform designed to meet these needs, and in our view, the company’s growth trajectory reflects the team’s strong execution against that vision. We believe Runpod is positioned to become a defining infrastructure platform for the next generation of AI developers, and we look forward to supporting Zhen and the team as they continue to scale.”

 J.P. Morgan Securities LLC acted as Sole Placement Agent to Runpod in connection with the financing. Cooley LLP acted as external legal counsel to Runpod, and Kirkland & Ellis LLP acted as external legal counsel to Summit Partners.

To learn more, visit runpod.io.

About Runpod
Runpod is the AI Developer Cloud. More than one million developers use Runpod to build, train, fine-tune, deploy, and scale AI on one platform, with self-serve access, transparent per-second pricing, and no commit minimums. Learn more at runpod.io.

About Summit Partners
Summit Partners is a leading growth-focused investment firm. Summit invests across growth sectors of the economy and, since the firm’s founding in 1984, has invested in more than 550 companies in technology, healthcare and other growth industries. Summit maintains offices in North America and Europe and seeks to invest in category-leading, profitable growth companies worldwide. For more information, please visit www.summitpartners.com or follow Summit Partners on LinkedIn.

 

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HelloNation Explains Pre-Construction Services For Commercial Building With Insights From Commercial Contractor Expert Bradley Quakenbush

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The article outlines how budgeting, scheduling, and site evaluation support efficient planning and reduce risk in commercial building projects.

INDIANAPOLIS, June 24, 2026 /PRNewswire/ — What should business owners expect before construction begins on a commercial building project? HelloNation has published an article that provides the answer, detailing how pre-construction services guide planning and decision-making from the start.

 

The HelloNation article explains that pre-construction services are a critical first step in any commercial building project, especially in Indianapolis. This phase focuses on early planning elements, such as budgeting, scheduling, and site evaluation, which help create a clear roadmap before construction begins. By addressing these areas early, developers and business owners can better manage expectations and avoid costly surprises.

Budgeting is described as a foundational component of pre-construction services. The article notes that accurate budgeting allows project teams to estimate costs for materials, labor, and design choices before committing to construction. In commercial building projects, this level of financial clarity supports informed decisions and helps stakeholders maintain control over expenses throughout the project lifecycle. Commercial Building Experts emphasize that strong budgeting practices reduce uncertainty and improve overall project outcomes.

Scheduling is another key element discussed in the article. A well-structured scheduling plan outlines each stage of the commercial building process, from permitting to final inspections. The article highlights that effective scheduling ensures resources are used efficiently and helps prevent delays that could increase costs. In Indianapolis, where coordination with local agencies is often required, scheduling becomes even more important for keeping projects on track.

Site evaluation is also a major focus of pre-construction services. The article describes how professionals assess factors such as soil quality, drainage, accessibility, and zoning requirements. In Indianapolis and surrounding areas, site evaluation often involves working closely with local authorities to ensure compliance with building codes and land use regulations. Identifying potential challenges during site evaluation allows teams to address issues early, maintaining momentum once construction begins.

The article further explains the importance of design coordination during pre-construction services. Early collaboration between architects, designers, and contractors helps align expectations and ensures that plans are both feasible and compliant with regulations. Design coordination reduces the likelihood of conflicts or redesigns later in the commercial building process. According to the article, this proactive approach supports smoother execution and minimizes disruptions.

Risk management is another essential part of pre-construction services highlighted in the article. Teams evaluate potential safety concerns, logistical challenges, and environmental factors that could impact the project. By focusing on risk management early, project leaders can implement preventative measures that improve safety and efficiency. Commercial Building Experts note that addressing risks during the planning phase helps maintain compliance and reduces unexpected complications.

The article emphasizes that pre-construction services are not only about planning but also about improving communication and decision-making. By integrating budgeting, scheduling, site evaluation, design coordination, and risk management, project teams can create a structured approach that supports successful commercial building outcomes in Indianapolis. This preparation helps ensure that projects stay aligned with goals, timelines, and financial expectations.

In Indianapolis, pre-construction services are widely recognized as a critical factor in determining whether a commercial building project proceeds smoothly. The article explains that engaging experienced professionals early in the process allows for better coordination, clearer planning, and more effective problem-solving throughout the project lifecycle.

What Pre-Construction Services Include for Commercial Projects features insights from Bradley Quakenbush, Commercial Building Experts of Indianapolis, Indiana, in HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content with storytelling, HelloNation delivers expert-driven, good-news articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

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Genesis Research Group launches free access to EVID AI, its full-spectrum evidence synthesis platform, through 2026

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Genesis Research Group today announced that its EVID AI evidence synthesis platform will be available free of charge through 2026 for approved life sciences organizations and eligible researchers.

HOBOKEN, N.J., June 24, 2026 /PRNewswire-PRWeb/ — Genesis Research Group today announced that its EVID AI evidence synthesis platform will be available free of charge through 2026 for approved life sciences organizations and eligible researchers.

Developed in-house and refined through two years of real-world application, EVID AI provides a structured environment for conducting evidence synthesis activities. The platform is now available free of charge through 2026 for approved life sciences organizations and eligible researchers.

Developed in-house by Genesis scientists and refined through two years of real-world application in client evidence work, EVID AI provides a structured environment for conducting evidence synthesis activities, from rapid evidence queries and targeted literature reviews to ongoing literature surveillance and end-to-end systematic reviews.

Designed as a flexible working model, the EVID AI free access program enables teams and individuals to run projects independently, collaborate with Genesis experts, or delegate entirely, depending on their needs.

“Run it yourself. Run it with Genesis. Or have Genesis run it for you.”

*A single environment for evidence work*

EVID AI brings evidence activities into one place, removing fragmentation across tools and processes, providing teams with a practical way to apply the same structured approaches used in evidence work within a single platform and workflow. It enables teams to:

Identify and assess relevant literatureManage structured review workflowsMonitor evolving evidence landscapesSupport decision-making with clearer, more structured outputs

*Designed for life sciences decision-making*

EVID AI has been built and refined within Genesis’ own work, reflecting evidence synthesis needs across HEOR, RWE, Medical Affairs, and Market Access.

By aligning with real-world workflows, it supports faster, more informed decisions across the product lifecycle, supporting how therapies are evaluated, understood, and ultimately made available to patients.

*Access and next steps*

Approved users will receive free platform access through 31 December 2026, with optional access to Genesis expertise for protocol design, search strategy, screening, interpretation, and full project delivery.

Expert support remains separate from the platform offer and is provided based on user needs. Interested individuals can request access via the Genesis website.

Request free access at genesisrg.com

*About Genesis Research Group*

EVIDENCE. EXPERIENCE. JUDGMENT.

Genesis Research Group is a global life sciences consulting firm specializing in evidence generation, health economics and outcomes research, real-world evidence, market access, pricing strategy, and stakeholder insights. Genesis combines rigorous evidence, deep expertise, and practical judgment to help companies reduce uncertainty and make better decisions across development, launch, access, and commercialization.

For further press information, contact richard.chumbley@genesisrg.com.

Media Contact

Richard Chumbley, Genesis Research Group, 44 07541574810, richard.chumbley@genesisrg.com, https://genesisrg.com

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Start Genetic Announces Second Annual Genetic Testing Action Day on July 25, 2026

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Global awareness campaign highlights the importance of genetic diagnosis in an era of rapidly advancing genetic medicine

LOS ANGELES, June 24, 2026 /PRNewswire/ — As advances in genetic medicine create new opportunities for patients with rare diseases, congenital anomalies, developmental disabilities, epilepsy, inherited cancers, and other conditions, Start Genetic today announced the second annual Genetic Testing Action Day, to be held on July 25, 2026.

Start Genetic today announced the second annual Genetic Testing Action Day, to be held on July 25, 2026.

The campaign seeks to raise awareness about the role of genetic testing in helping individuals and families obtain answers, inform medical care, connect with support resources, and participate in research.

Despite significant advances in genetic testing technology, many patients who could benefit from testing never receive it. A recent analysis of Medicaid claims found that only 16.9% of children with autism received genetic testing, despite longstanding recommendations supporting genetic evaluation in children with autism.

“Genetic testing has the potential to shorten diagnostic odysseys that can last for years,” said Jenny Graham Beeson, co-founder of Start Genetic and board member of CureSHANK. “Families deserve access to information that can help explain a medical condition and help identify medicines that are tailored to the underlying genetic cause of the condition.”

For Beeson, the issue is personal. She has two children affected by different genetic disorders impacting development. “When my daughter was younger, finding answers was difficult,” said Beeson. “Today, genetic testing can provide answers for many families much earlier in their journey. We want more people to know that these tools exist and understand how they may be able to access them.”

Observed annually on July 25 in honor of Rosalind Franklin, whose work contributed to the discovery of DNA’s structure, Genetic Testing Action Day encourages individuals, families, healthcare professionals, researchers, and advocacy organizations to promote awareness of genetic testing and its potential benefits.

On July 25, participants are encouraged to:

Talk with a healthcare provider about whether genetic testing may be appropriateShare their experiences with genetic testing on social mediaDownload and distribute educational resources from StartGenetic.orgHelp raise awareness about the value of genetic diagnosis

A Growing Movement

Since its launch in 2025, Genetic Testing Action Day has grown into an international awareness initiative supported by patient advocacy organizations, healthcare providers, researchers, and industry partners.

This year’s campaign is supported by our lead sponsor Illumina, and supporting sponsors PYC Therapeutics, Neuren Pharmaceuticals, GRIN Therapeutics, Jaguar Gene Therapy, MyOme, anonymous donors, and a growing coalition of organizations committed to improving awareness and access to genetic testing.

About Start Genetic

Founded in 2025, Start Genetic is a public awareness initiative dedicated to increasing awareness and uptake of genetic testing. Start Genetic is an initiative of CureSHANK, a nonprofit advancing therapies for Phelan-McDermid syndrome.

Social media toolkits will be available for download starting June 23, 2026. Sign up for our email list to receive updates, resources, and Genetic Testing Action Day materials directly to your inbox.

Start Genetic Media Contact
Geraldine Bliss
Co-Founder of Start Genetic
geraldine@cureshank.org
StartGenetic.org
@StartGenetic

View original content to download multimedia:https://www.prnewswire.com/news-releases/start-genetic-announces-second-annual-genetic-testing-action-day-on-july-25-2026-302809571.html

SOURCE Start Genetic

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