Source: Business Insider
Summary
Infinity, an AI infrastructure company, has raised $15 million in funding at a valuation of $100 million. Investors include Touring Capital, Principal VC, and researchers from OpenAI and Anthropic. The funding announcement was made on Monday.
Our Reading
The launch follows a familiar script.
Infinity raises $15 million, touting a valuation of $100 million. Investors include the usual suspects: venture capital firms and researchers from AI powerhouses OpenAI and Anthropic. Because what’s an AI company without a valuation that’s a multiple of its funding? Infinity’s raise is just another drop in the ocean of AI hype.
Author: Evan Null
