Generative AI Startup AI21 Labs Reaches Unicorn Status With Latest Funding Round
Portfolio Pulse from Anusuya Lahiri
AI21 Labs, a generative AI startup, has raised $155 million in a Series C funding round, reaching a valuation of $1.4 billion. The funding round included participation from Alphabet Inc, Nvidia Corp, and Prof. Amnon Shashua, among others. The funds will be used to expand AI21 Labs' text-generating AI services for businesses. The company has also recently partnered with industry leaders such as Carrefour, Clarivate Plc, EBay Inc, Monday.Com Ltd, and Ubisoft.
August 31, 2023 | 2:49 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Clarivate Plc has partnered with AI21 Labs, indicating its interest in leveraging AI technologies.
Clarivate's partnership with AI21 Labs shows its interest in leveraging AI technologies, which could potentially benefit its own operations and services.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
EBay Inc has partnered with AI21 Labs, indicating its interest in leveraging AI technologies.
EBay's partnership with AI21 Labs shows its interest in leveraging AI technologies, which could potentially benefit its own operations and services.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Alphabet Inc participated in the funding round of AI21 Labs, indicating its interest in the AI domain.
Alphabet's participation in the funding round shows its interest in AI technologies, which could potentially benefit its own operations and services.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Monday.Com Ltd has partnered with AI21 Labs, indicating its interest in leveraging AI technologies.
Monday.Com's partnership with AI21 Labs shows its interest in leveraging AI technologies, which could potentially benefit its own operations and services.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Nvidia Corp participated in the funding round of AI21 Labs, indicating its interest in the AI domain.
Nvidia's participation in the funding round shows its interest in AI technologies, which could potentially benefit its own operations and services.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70