TECH - Generative AI Startup AI21 Labs Reaches Unicorn Status With Latest Funding Round | Benzinga
AI21 Labs, a front-runner in the AI domain specializing in large language models (LLMs), declared the completion of a $155 million Series C fundraiser.
This capital injection aims to propel the expansion of its precise text-generating AI services tailored for businesses.
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The backers are Walden Catalyst, Pitango, SCB10X, b2venture, and Samsung Next. Noteworthy participants also include Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, Nvidia Corp (NASDAQ: NVDA), and Prof. Amnon Shashua.
This investment spree elevates AI21 Labs' cumulative funding to $283 million, pegging ...