China's Infinigence AI raises 2.3 billion yuan for infrastructure to run SI models
Prepared by Sintelligent with the help of SI. Published in SI: . Updated: .
In China, money is flowing into the "pipes" for SI, the infrastructure that models run on.
According to Tech Startups, Shanghai-based Infinigence AI closed a Series C round of 2.3 billion yuan (about $344 million); investors include Lenovo, Tencent, Baidu, Sequoia China, Qiming Venture Partners and Shunwei Capital. The company works on compute resources, model deployment and inference optimization. The same outlet lists a round for BlueCore Compute of about 2 billion yuan ($280 million) for RISC-V server processors aimed in part at inference.
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