AI21 Labs lands additional $53M
GenAI start-up AI21 Labs added $53 million to a previously-announced Series C-funding round, claiming a valuation of $1.4 billion.
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GenAI start-up AI21 Labs added $53 million to a previously-announced Series C-funding round, claiming a valuation of $1.4 billion.
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This latest funding brings the total amount raised by the Tel Aviv-based AI and large language models (LLMs) developer to $336 million.
AI21 Labs, a generative AI startup, has raised substantial new capital in the midst of the chaos at rival OpenAI.
Founded by Amnon Shashua, Yoav Shoham and Ori Goshen, AI start-up AI21 was valued at $1.4bn after a funding round in August.