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AI21 Labs Announces Series C Funding Round at $1.4 Billion Valuation
https://www.ai21.com/blog/series-c-funding/(www.ai21.com)AI21 Labs has announced a successful Series C funding round, raising $155 million and reaching a valuation of $1.4 billion. The investment round included participation from major tech companies like Google and NVIDIA. This new capital will be used to advance the development of AI with reasoning capabilities for enterprise applications. The company plans to enhance its generative AI solutions, which are based on large language models and neurosymbolic systems, to provide more reliable and trustworthy AI for businesses.
0 points•by chrisf•2 months ago