venture funding AI News & Updates

SGLang Spins Out as RadixArk at $400M Valuation Amid Inference Infrastructure Boom

RadixArk, a commercial startup built around the popular open-source SGLang tool for AI model inference optimization, has raised funding at a $400 million valuation led by Accel. The company, founded by former xAI engineer Ying Sheng and originating from UC Berkeley's Databricks co-founder Ion Stoica's lab, focuses on making AI models run faster and more efficiently. This follows a broader trend of inference infrastructure startups raising significant capital, with competitors like vLLM pursuing $160M at $1B valuation and Baseten securing $300M at $5B valuation.

LangChain Achieves Unicorn Status with $1.25B Valuation for AI Agent Framework

LangChain, a popular open source framework for building AI agents, raised $125 million at a $1.25 billion valuation in a round led by IVP. The startup, which began as an open source project in 2022, has evolved from solving early LLM integration problems to becoming a platform for building autonomous agents. With 118,000 GitHub stars and major product updates to its agent builder, orchestration tools, and testing platform, LangChain remains central to the AI agent development ecosystem.