Infinigence AI Raises Record $344 Million

Shanghai-based Infinigence AI completed a RMB2.3 billion Series C funding round on October 12, 2026, raising a total of RMB4.3 billion since its 2023 founding. This deal, valued as a record for China's AI-native infrastructure category, involves investors like Tencent and Baidu to support compute and inference optimization for major model developers.