Hyperbolic
12 known investors
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Hyperbolic operates an AI cloud platform that provides developers and researchers with affordable, on-demand access to GPU compute and AI models, in part by tapping underutilized consumer-grade hardware. It targets AI/ML developers, startups, and academic researchers who need scalable compute infrastructure.
Also known as Hyperbolic Labs
Founders & leadership
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Investors · 12
Also in the syndicate · 1
Funding
SEC filings, press & company announcements- Undisclosed amountSeries ADec 2024
Polychain Capital (lead), Variant (lead)
Source ↗ - Undisclosed amountSeedAug 2024Source ↗
- Undisclosed amountseed fundingJul 2024Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Hyperbolic (also referred to as Hyperbolic Labs) operates an open-access AI cloud that provides access to high-performance NVIDIA GPUs, including H100, H200, and B200, sourced through a global network of compute providers. The platform is organized around three consumption models: On-Demand GPUs, which can be launched in minutes with no commitment and usage-based pricing; Reserved Clusters, offering dedicated capacity at discounted rates under commitments of less than one year; and Private Cloud, which gives customers access to Hyperbolic's supplier network for dedicated, long-term infrastructure at its lowest cost. Alongside raw compute, Hyperbolic serves models through an OpenAI-compatible API and offers dedicated model hosting.
Customers provision and manage instances through a self-serve dashboard without sales calls, procurement cycles, or quota requests, and can scale usage up or down. Stated workload targets include foundation-model training on reserved multi-node H100/H200/B200 clusters with high-performance interconnects, fine-tuning and LoRA on bare-metal single-node and small multi-node capacity, batch compute jobs such as evaluations and data processing, long-running training jobs, agent automation that programmatically launches and manages GPU resources, and private infrastructure with dedicated hardware and isolated networking.
The company also runs a supply-side program for data centers and infrastructure providers, who can list available GPU capacity via Forge and Hyperbolic's managed compute platform to serve on-demand, reserved, and private cloud deployments.
Business model
Hyperbolic operates a two-sided compute marketplace and cloud platform: it aggregates GPU capacity from data centers and infrastructure providers and resells it to AI teams as on-demand instances, reserved clusters, or private cloud deployments, alongside model-serving via an API.
Usage-based pay-as-you-go pricing for on-demand GPU instances, discounted rates for reserved capacity under commitments of less than one year, and lowest-cost pricing for long-term private cloud contracts; compute providers monetize idle GPU capacity through the network.
Traction
The website states more than 250,000 builders/engineers use Hyperbolic's AI infrastructure. Referenced users and advisors include the LMSYS Chatbot Arena (running FastChat and SGLang workloads), researchers at UC San Diego, and startups Voio, Eigen AI, and Reve AI; Reynold Xin (Databricks co-founder) and Prof. Yi Ma (HKU) are listed as advisors.
Latest developments
Product updates published on the company site include Hyperbolic Organizations (December 2025), Dedicated Model Hosting (January 2026), Reserve On Demand (February 2026), and Forge, a platform for compute providers to list GPU capacity (June 2026), plus market analyses on GPU pricing and compute planning through August 2026.
▸Full profile — market position, technology, go-to-market, geography
Market position
Positions itself as an affordable, open-access alternative to traditional cloud GPU providers, emphasizing immediate availability (minutes rather than weeks), no quota limits, and no long-term lock-in; cited by customers as competitive on price versus major providers.
Emphasizes secured compute supply at low prices without long procurement cycles, zero quota limits on GPU rentals, deployment in minutes, flexible movement between on-demand, reserved, and private cloud tiers, and fast availability of the latest open-source models.
Technology
A managed GPU cloud spanning a global network of compute providers, offering bare-metal and multi-node GPU clusters (H100, H200, B200) with high-performance interconnects, a self-serve provisioning dashboard, Forge for supplier capacity onboarding, dedicated model hosting, and an OpenAI-compatible inference API.
Go-to-market
Self-serve product-led signup with instance launch directly from the dashboard and no required sales interaction, complemented by an enterprise track ("Schedule a Call", cluster deployment) for reserved and private cloud customers; distribution also includes availability of its API on Hugging Face and organization-level accounts for teams.
AI-native startups and teams scaling training, fine-tuning, inference, and production workloads; academic and industry researchers needing short-notice access to high-performance GPUs; and compute providers/data centers seeking demand for available GPU capacity.
Geography
Compute is delivered through a global network of GPU suppliers and data centers, serving developers worldwide.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsLaunched Forge, enabling data centers and infrastructure providers to list GPU capacity and serve on-demand, reserved, and private cloud deployments.
Introduced organization-level accounts for teams on the Hyperbolic platform.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 1
primary sources listed
- Hyperbolichyperbolic.xyz · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Hyperbolic do?
- Hyperbolic is an open-access AI cloud offering on-demand, reserved, and private GPU capacity plus an OpenAI-compatible inference API.
- Who founded Hyperbolic?
- Hyperbolic was founded by Jasper Zhang, Yuchen Jin.
- Who are Hyperbolic's investors?
- Hyperbolic's investors include Ambush Capital, Big Brain Holdings, Faction, GSR, LongHash Ventures, Samsung Next, Variant Fund, Wintermute and 3 more.




