# open-source
Latest news and articles about open-source
Total: 2 articles found
Zhejiang Builds an Offline Hub for China’s Largest Open‑Source AI Community — A Bet on Industrial AI
Zhejiang has opened a 10,000+ sqm developer centre in Hangzhou as the offline anchor for Moda, China’s largest open‑source AI community. Backed by Alibaba Cloud Valley and local government, the centre offers cheap co‑working, technical support for model deployment and a curated pipeline of industry pilot opportunities to accelerate industrial adoption of AI.
vLLM Team's Inferact Secures $150m Seed at $800m Valuation, Signalling Fresh Bet on AI Inference Infrastructure
Inferact, founded by the creators of open‑source vLLM, raised $150 million in a seed round at an $800 million valuation led by Andreessen Horowitz and Lightspeed. The deal signals strong investor conviction in companies that can commercialize efficient LLM inference, but Inferact will face competition from cloud providers and specialized rivals as it seeks to translate open‑source credibility into enterprise revenue.