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OpenAI Competitor AI21 Labs Raises $155M At A $1.4B Valuation From Investors Including Google, Nvidia

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The new round is just the latest huge raise in the AI space. It will be used by AI21 to grow its text-based generative AI services for enterprises.

Chris Metinko 15 Shares Email Facebook Twitter LinkedIn Israel-based AI startup AI21 Labs has locked up a $155 million Series C from investors that include Google and Nvidia . The new round values the company at $1.4 billion. Other investors include Walden Catalyst , Pitango , SCB10X , b2venture , Samsung Next and Professor Amnon Shashua. AI21 has raised $283 million to date, according to the company. The new round is just the latest huge raise in the AI space. It will be used by AI21 to grow its text-based generative AI services for enterprises. AI21 competes with the likes of generative AI p

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