Temporal raises $550M at a $12.55B valuation

Automated excerpt

Just a year ago, most of the systems we talked about with our customers were familiar. We've been at this since before the boom# Temporal co-founders Samar Abbas and Maxim Fateev were working on this problem long before AI took off, back when software was moving from monoliths into distributed systems. They left Uber in 2019 to build Temporal as an independent, open-source platform. We're now working with more than 4,300 paying customers, up 139% year over year, including OpenAI, Snap, NVIDIA, and JPMorgan Chase. OpenAI's use of Temporal has grown 60-fold in under a year.

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