Chinese AI Startup Infinigence AI Raises RMB 2.3 Billion

Infinigence AI was listed among Chinese software and internet startups with a reported RMB 2.3 billion Series C-plus funding round on 12 October. The funding highlights continued investor interest in AI infrastructure and computing technology. AI startups and investors require capital planning, market intelligence and scalable computing infrastructure. The reported RMB 2.3 billion is a startup funding amount, not a contract awarded to a service provider.