Recall that a presentable (∞,1)-category is a localization of a (∞,1)-category of (∞,1)-presheaves. In particular it has all small colimits. An (∞,1)-functor from the cartesian product of two presentable -categories is bilinear if it respects colimits in both variables.
It turns out that there is a universal such bilinear functor
which thereby defines a tensor product of presentable (∞,1)-categories. This defines a monoidal structure on presentable -categories, which is in fact symmetric.
The collection of presentable -cateories with colimit-preserving (∞,1)-functors between them (i.e. with ”linear” functors between them!), called
is an -generalization of the category of ordinary categories and bimodules or profunctors, or distributors between them. See distributor and in particular the discussion there about the equivalent reformulation in terms of colimit-preserving functors.
Using with its notion of “linearity” one obtains a very general notion of -linear algebra. This is described at geometric ∞-function theory.
Write for the sub--category of the (∞,1)-category of (∞,1)-categories whose
objects are presentable (∞,1)-categories;
morphisms are colimit-preserving (∞,1)-functors.
With the tensor product obtainmed as the universal colimit-preserving functor, becomes a symmetric monoidal (∞,1)-category.
The symmetric monoidal structure on presentable -categories restricts to one on presentable stable (∞,1)-categories.
The tensor unit of stable presentable -categories is the stable (∞,1)-category of spectra.
The monoidal structure on is described in section 4.1 of
That this is in fact a symmetric monoidal structure is discussed in section 6 of
see proposition 6.14 and remark 6.18.