PANews, July 20: According to TechCrunch, AI infrastructure company Infinity has announced the completion of a $15 million funding round, bringing its post-money valuation to $100 million. Investors include Touring Capital, Principal VC, and researchers from OpenAI, Anthropic, and other companies. Infinity is developing a universal inference library capable of running on various chips, including GPUs, SRAM, and mobile chipsets, aiming to provide a general-purpose kernel software alternative to NVIDIA's CUDA.
Infinity Raises $15M to Build Universal AI Inference Software Competing with NVIDIA's Ecosystem
PANewsShare
Summary
AI and crypto news outlet PANews reports that Infinity, an AI infrastructure company, has raised $15 million in funding, achieving a $100 million post-money valuation. Touring Capital, Principal VC, and researchers from OpenAI and Anthropic participated in the round. The company is developing a universal AI inference library designed to run on multiple chips, aiming to compete with NVIDIA’s CUDA. This initiative supports the growth of the AI infrastructure ecosystem and the development of chip-agnostic software.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.