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AI model startup Reka raises $50 million led by DST Global

Reka, an AI model startup founded by former researchers from Alphabet's DeepMind, has raised $50 million in a fresh round of funding from investors including Yuri Milner's DST Global and Snowflake, the companies told Reuters. A source familiar with the matter said it valued Reka, which launched last year and has no revenue yet, at about $300 million. Reka focuses on building large and specialized AI models for enterprise customers.
Christian Kleinerman Dani Yogatama Mark Potter Rob Toews Yuri Milner Senior Vice President
Source: yahoo.com

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