BlockBeats News, April 9th, Applied Compute, a company building dedicated smart companies for enterprises, completed an $80 million financing round with a post-investment valuation of $1.3 billion. The round was led by Kleiner Perkins, with participation from Elad Gil, Lux Capital, Greenoaks, NEO, Hana Bicapital, and others, bringing the total funding to $160 million.Applied Compute's mission is to bridge the gap between "smart" and "useful" through "Specific Intelligence." These proprietary intelligent entities are trained based on the real-world operations of the company and are designed to continually self-evolve. They help enterprises unlock their institutional knowledge, train intelligent entities for specific workflows and performance criteria, and deploy them to the front lines of production. Applied Compute believes that intelligence should serve specific businesses and be controlled by the businesses themselves.