Ready to build trustworthy AI systems?

AI21 Labs has completed an oversubscribed $208 million Series C funding round, valuing the company at $1.4 billion. The new capital from investors including Intel Capital and Comcast Ventures will accelerate the development of enterprise AI solutions. AI21 plans to focus on its Task-Specific Models, which target specific NLP functions like summarization and grounded question answering to maximize accuracy and minimize hallucinations. The company's approach uses a neuro-symbolic architecture that combines large language models with external knowledge and reasoning.