Temporal raises $550M at a $12.55B valuation
This is the largest funding round for infrastructure in months, and the valuation floors in AI agents: Temporal is now priced as a critical piece of the agent stack. The company is betting that reliable workflow execution and durable state management will be as central to AI apps as they are to backend systems. For builders: if you're thinking about agent infrastructure, you're swimming upstream against a company with venture-scale capital. For investors: workflow orchestration is consolidating fast.