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SGLang spins out as RadixArk with $400M valuation
## RadixArk: A New Player in Inference
SGLang, an open-source research project originating from Ion Stoica's UC Berkeley lab, has spun out as RadixArk. The move was funded by Accel and resulted in a $400 million valuation for the new company.
This spin-out comes at a time of significant growth in the inference market, a key sector for the development and deployment of artificial intelligence models. The ability to perform inference efficiently has become increasingly crucial as the complexity of models and the amount of data to be processed increases.
## The Context of the Inference Market
The inference market is rapidly expanding, driven by the increasing adoption of artificial intelligence applications in various sectors. Companies of all sizes are investing in inference solutions to improve their products and services, automate processes, and gain new insights from data. This has led to a strong demand for tools and platforms that simplify and optimize the inference process.
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