Infinigence AI Raises 500 Million Yuan to Expand Heterogeneous Computing Platform
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Infinigence AI has raised around 1.5 billion yuan to date.
AI infrastructure provider Infinigence AI has raised nearly 500 million yuan ($70.6 million) in a Series A+ funding round led by Zhuhai Technology Group and Futeng Capital, the company announced on Thursday.
The round also drew follow-on investments from existing backers including Lenovo Capital, Junlian Capital, and Shenwan Hongyuan Group, with additional participation from Huiyuan Capital, Shangqi Capital, and Highlight Capital.
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- Infinigence AI raised nearly 500 million yuan ($70.6 million) in Series A+ funding, bringing total funding to about 1.5 billion yuan.
- The company aggregates computing resources across 53 data centers in 26 Chinese cities, serving clients like Lenovo, Baichuan Intelligence, and China Mobile.
- Founded in 2023, it focuses on heterogeneous AI computing, MaaS, and aims to expand R&D, AI cloud/edge applications, and infrastructure for AI agents.
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Who’s Who
- Infinigence AI
- Infinigence AI, an AI infrastructure provider founded in May 2023 by Tsinghua University professor Wang Yu, recently raised nearly 500 million yuan ($70.6 million) in a Series A+ funding round. The company aggregates fragmented computing resources for large model training and inference, serving clients like Baichuan Intelligence and Lenovo. It plans to use the new capital for R&D and scaling AI applications.
- Zhuhai Technology Group
- Zhuhai Technology Group recently led a Series A+ funding round for Infinigence AI, contributing to the nearly 500 million yuan ($70.6 million) raised by the AI infrastructure provider. This investment highlights their support for companies developing advanced AI computing power solutions.
- Futeng Capital
- Futeng Capital co-led the Series A+ funding round for Infinigence AI, an AI infrastructure provider. The investment by Futeng Capital, along with Zhuhai Technology Group, contributed to Infinigence AI raising nearly 500 million yuan ($70.6 million).
- Lenovo Capital
- Lenovo Capital (联想创投) is an existing backer of Infinigence AI, an AI infrastructure provider. They participated in Infinigence AI's Series A+ funding round, which raised nearly 500 million yuan ($70.6 million).
- Junlian Capital
- Junlian Capital (君联资本) is an existing backer of Infinigence AI. They participated in the Series A+ funding round, showing continued investment in the AI infrastructure provider.
- Shenwan Hongyuan Group
- Shenwan Hongyuan Group is an existing backer of Infinigence AI, an AI infrastructure provider. They participated in a follow-on investment during Infinigence AI's Series A+ funding round, which raised nearly 500 million yuan ($70.6 million).
- Huiyuan Capital
- Huiyuan Capital is one of the participants in Infinigence AI's Series A+ funding round, which raised nearly 500 million yuan ($70.6 million). Their involvement represents an additional investment in the AI infrastructure provider.
- Shangqi Capital
- Shangqi Capital is an investment firm that participated in the Series A+ funding round for Infinigence AI, an AI infrastructure provider. They were among the new investors in this round, which helped Infinigence AI raise nearly 500 million yuan ($70.6 million).
- Highlight Capital
- Highlight Capital participated in the Series A+ funding round for Infinigence AI, an AI infrastructure provider. This investment contributes to the nearly 500 million yuan ($70.6 million) raised by Infinigence AI.
- Baichuan Intelligence
- Baichuan Intelligence is a client of Infinigence AI, a provider of AI infrastructure. Infinigence AI aggregates fragmented computing resources into a unified platform, serving various clients including Baichuan Intelligence, Moonshot AI's Kimi, Lenovo, Li Auto, and China Mobile, as well as research institutions.
- Moonshot AI
- Moonshot AI is a client of Infinigence AI, utilizing their aggregated computing resources for its Kimi product. Infinigence AI provides heterogeneous computing power for large model training and inference by pooling fragmented computing resources from various regional AI computing centers.
- Lenovo
- Lenovo Capital, an existing backer, participated in Infinigence AI's Series A+ funding round. Additionally, Lenovo is a client of Infinigence AI, utilizing its services for large model training and inference.
- Li Auto
- Li Auto is among the clients served by Infinigence AI, an AI infrastructure provider. Infinigence AI offers heterogeneous computing power for large model training and inference, aggregating fragmented computing resources into a unified platform.
- China Mobile
- China Mobile is a client of Infinigence AI, an AI infrastructure provider that aggregates fragmented computing resources for enterprise use. Infinigence AI has deployed over 25,000 petaflops of managed computing capacity across 53 data centers in 26 Chinese cities to serve its clients, including China Mobile.
- Alibaba Cloud
- Alibaba Cloud is mentioned as the former employer of Xia Lixue, the Co-founder and CEO of Infinigence AI. Xia Lixue, a former Alibaba Cloud engineer and doctoral student of Tsinghua University professor Wang Yu, now leads Infinigence AI in AI hardware-software integration.
- Baidu Ventures
- Baidu Ventures is an investor in Infinigence AI, an AI infrastructure provider. Infinigence AI has raised approximately 1.5 billion yuan to date, with Baidu Ventures being one of its past backers. The company specializes in providing heterogeneous computing power for large model training and inference.
- Zhipu AI
- Zhipu AI is an investor in Infinigence AI. They are among the past investors who have contributed to the company's total funding of around 1.5 billion yuan.
- Qiming Venture Partners
- Qiming Venture Partners is an investor in Infinigence AI. They have participated in previous funding rounds for the AI infrastructure provider, which recently secured nearly 500 million yuan in Series A+ funding.
- HongShan Capital Group
- HongShan Capital Group (formerly Sequoia China) is an investor in Infinigence AI. They participated in past funding rounds, contributing to the company's total raise of approximately 1.5 billion yuan to date.
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