Pump.co, a Y Combinator-backed cloud cost optimisation platform, is expanding into AI cost reduction as companies face rising infrastructure expenses. The free platform helps businesses reduce cloud and AI spending across AWS, GCP and Azure, with customers averaging 19% monthly savings and some achieving up to 60% reductions. The San Francisco-based company now supports over $600 million in annual cloud spend across thousands of customers in 22 countries. Pump operates without platform fees, contracts or minimum commitments, earning compensation directly from cloud providers. The platform offers three core products: Pump Save automates cloud commitments with full insurance coverage, Pump View consolidates spending data across 20+ integrations including OpenAI and Anthropic, and Pump Secure monitors compliance across 30+ frameworks. Pump is expanding deeper into AI inference cost optimisation as token usage becomes a major expense for technology companies.

Cloud computing is an integral part of business operations, but managing the escalating costs has become a major challenge for many startups. Enter Pump, a revolutionary company that promises to slash your runaway cloud computing costs. Founded by Spandana Nakka, Pump is not just another cloud-based business; it’s a game-changer that’s making a profound impact on how companies manage their cloud expenses.Pump’s journey begins with Nakka, a repeat founder who knows firsthand the perils of cloud bills spiraling out of control. In her previous venture, which was RD- and AI-heavy, they relied on every available cloud provider to exploit free credits, a common starting point for many startups. However, as those credits dwindled, they found themselves ensnared in the costly labyrinth of cloud services. Nakka and her team envisioned a solution that would not only save cloud costs but also provide value to end-users.Their original plan was to build a credit card that could harness insights from cloud bills, offering users a way to save costs