Morning Brief

Infinigence AI raises RMB 2.3 billion to run AI workloads across mixed Chinese and foreign chips

The Shanghai infrastructure company says its cumulative funding now exceeds RMB 4.3 billion.

By Nora Quinn · 13 Oct 2026 · 1 min

The Shanghai infrastructure company says its cumulative funding now exceeds RMB 4.3 billion.

Infinigence AI, a Chinese AI infrastructure company founded in 2023, has closed a RMB 2.3 billion Series C round, about $342 million at the People’s Bank of China’s 13 Oct reference rate, according to company materials reported by TechNode. The company says its total funding now exceeds RMB 4.3 billion. It builds software that schedules training and inference across different chip platforms. It says it connects 37,000 petaflops of compute across 16 chip types and supports mixed-chip training on Chinese and international processors. It also says daily token usage on its model-service platform grew 40-fold between December 2025 and July.

Sources: TechNode