AIΒ infrastructure company InfinityΒ announced Monday a $15 million raise at a $100 million valuation from investors including Touring Capital, Principal VC, andΒ researchersΒ from companiesΒ such as OpenAI and Anthropic.Β Β
The company is using the cash to open an office in the Bay Area and compete for talent there, "strengthening its position at the heart of the world's leading AI ecosystem."
Having proven how valuable compute can be, the company finds itself at the center of a market everyone wants to be in β while simpler technologies and less interesting companies get rich on the sidelines.