Thursday, 31 August, 2023

AI21 Labs Raises $155M at $1.4B Valuation for Generative AI Innovation

Generative AI startup AI21 Labs has secured $155 million in funding, valuing the company at $1.4 billion. The funding round highlights the growing interest in AI-driven technology and its applications. AI21 Labs specializes in developing advanced language models and creative content generation tools, positioning itself as a frontrunner in the AI space. With this funding, AI21 Labs aims to further its research and development efforts in the field of generative artificial intelligence.