Infinity Raises $15 Million at $100 Million Valuation for AI Chip Software

Infinity announced a $15 million funding round on Monday that valued the company at $100 million, @techcrunch reported. Investors included Touring Capital, Principal VC, and researchers from OpenAI and Anthropic. The startup is building software to make it easier for AI chips to run AI models.

It is attempting to create a universal inference library that can operate on chips from multiple makers, including SRAM, GPUs, phone chips, and Systolic Arrays. Infinity was launched last year by Jeremy Nixon, a former researcher at Google Brain and creator of the hacker network community AGI House.

Nixon said he started the company after developing a machine learning algorithm called Omega that automatically created and evaluated new algorithms.

The company’s AI research agent, Ignition, writes low-level code needed for AI inference on chips that are alternatives to Nvidia’s. It tests, debugs, and measures performance, then rewrites the code if needed. Humans provide high-level direction while the agent handles the detailed work.

Customers include AI chip maker D-Matrix. Infinity is also in talks with other large chip and cloud companies, Nixon said. The firm charges no upfront license fee and instead takes a cut of performance gains and cost savings measured in tokens per second.

Infinity currently has 26 employees in design, operations, and engineering roles.