PANews reported on October 15 that according to official news, open source AI provider Inference completed a US$11.8 million seed round of financing, led by Multicoin Capital and a16z CSX, with participation from Topology Ventures, Founders, Inc. and angel investors.

The funding will be used to expand model and infrastructure performance research and development, and enhance its ability to provide customized AI model training and deployment services to enterprises. Inference.net currently provides customized language model training and deployment support to several AI-native companies.