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doubleAI Secures $200M Series A Funding with Support from Nvidia and Dell
AI model developer doubleAI raised $200M in a Series A round, achieving a valuation of $1.0B, backed by industry leaders Nvidia and Dell.
doubleAI, an innovative company specializing in the development of advanced AI models, announced a significant funding milestone on October 19, 2026, with the completion of a $200 million Series A round. The funding is backed by notable players in the tech industry, including Nvidia and Dell, highlighting the strategic relevance of doubleAI to the AI compute and infrastructure ecosystem.
This Series A funding round not only marks a substantial financial injection but also positions doubleAI at a valuation of $1.0 billion. The company's focus on AI model development caters to organizations seeking cutting-edge model capabilities, making it a key player in a competitive landscape that emphasizes technological advancements in artificial intelligence.
The $200 million raised is notably above the median Series A round size of $21 million, which was tracked across 191 USD-denominated rounds from November 2025 to October 2026, indicating strong investor confidence in doubleAI's potential and market position. The backing from industry giants like Nvidia and Dell suggests that doubleAI is well-positioned to leverage its technological expertise in building AI models that solve complex challenges in various sectors.
As doubleAI moves forward, the capital raised will likely enhance its capabilities in AI model development, allowing it to better serve its partners and clients while contributing to advancements in the AI field. This funding round not only underscores the growing investment in AI technologies but also reflects the increasing demand for sophisticated AI solutions across industries.
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About the Company
Nvidia, Dell back $200M round for AI model developer doubleAI at $1.0B valuation