Wednesday, 29 July 2026 · Europe
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EUROPES The European Report
European Edition Wednesday, 29 July 2026
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Tech & Startups

Recursive is spending two-thirds of its funding on one AWS bill, and calls it small

Recursive is spending two-thirds of its funding on one AWS bill, and calls it small
The Next Web

Richard Socher’s new AI lab has just made an unusual bet with its money. Recursive has committed about $410m to a single, multi-year cloud contract with Amazon Web Services. That is roughly two-thirds of everything it has raised. The company left stealth in May with $650m at a $4.65bn valuation. It employs about 25 people. […] This story continues at The Next Web

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