CoinVoice has learned that, according to Bloomberg, the AI startup Inferact, founded by the team behind the open-source software vLLM, has completed a $150 million seed round financing with a valuation of $800 million, led by Andreessen Horowitz (a16z) and Lightspeed, with participation from Sequoia Capital, Altimeter Capital, Redpoint Ventures, and ZhenFund.

Inferact focuses on the reasoning phase of artificial intelligence, aiming to address the high operational costs and instability of existing AI models. The project originally originated from the University of California, Berkeley, and is currently overseen by the PyTorch Foundation.[Original link]