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AI & Enterprise
Infinity raises $15 million for AI inference software at $100 million valuation
AI infrastructure startup Infinity has raised $15 million in funding at a valuation of $100 million. TechCrunch reported on July 20 that the round included Touring Capital, Principal VC, and researchers from OpenAI and Anthropic. Infinity is developing software to help AI chips run AI models more easily, with kernel software positioned as a possible replacement for Nvidia CUDA. It aims to build a universal inference library.
AI & Enterprise
China\'s Moonshot AI raises $2 billion at $20 billion valuation
Chinese AI model developer Moonshot AI raised $2 billion at a $20 billion valuation, TechCrunch reported on Wednesday. The round was led by Long-Z Investment, the venture capital arm of Meituan, with participation from Tsinghua Capital, China Mobile and CPE Yuanfeng. TechCrunch said Moonshot has raised $3.9 billion over the past six months and that its valuation rose from $4.3 billion at end-2025 to $10 billion in early 2026.
AI & Enterprise
OpenAI nearly named Freemind in Musk plan to check Google
Court documents show Elon Musk and Sam Altman considered naming their company Freemind before founding OpenAI, and discussed building an AI organisation to respond to Google DeepMind. Emails submitted as evidence include Musk’s view that the name would signal a philosophical counterweight to DeepMind and that digital intelligence should be freely available. Altman initially said the name was too similar to DeepMind but later warmed to it.
