AI Infrastructure Firm Chalk Raises $50M, Values at $500M

Artificial intelligence infrastructure startup Chalk has raised $50 million in a Series A funding round led by Felicis, valuing the company at $500 million. Chalk specializes in real-time AI data processing, enabling enterprises to integrate proprietary data into AI and machine learning models for instantaneous decision-making, with clients including fintech firm MoneyLion and solar company Sunrun. CEO Marc Freed-Finnegan highlighted the company's shift from traditional batch data processing to real-time inference, positioning Chalk as a competitor to established platforms like Databricks and Snowflake. The funding will accelerate the development of Chalk's platform and expand its engineering and go-to-market teams in New York and San Francisco. This investment reflects the broader surge in enterprise spending on generative AI, with companies increasingly adopting AI technologies for complex, real-time applications. Chalk's innovative approach exemplifies the growing demand for AI infrastructure that supports rapid data-driven decisions across industries such as fintech, healthcare, and eCommerce.