$40M · AI Infrastructure + Sapiom

What they're building

A platform (Router, Agent Studio, Runtime) that turns fixed infrastructure choices into real-time decisions — routing each agent action to the cheapest capable model/tool/service subject to cost, quality, latency, reliability and company policy, with budgets/permissions enforced before execution. Differentiator: owns inference capacity (San Jose racks) rather than reselling tokens.

Why this matters

Zerbib's bet: 'trillions of agents' will operate in the economy within three years, and 'in 95% of cases it doesn't make sense to go to a very expensive frontier model.' Notably, Anthropic — whose bills Sapiom shrinks — is an investor. Risk: routing is commoditizing, so compute-ownership moat is the thesis to watch.