Israeli AI methods developer AI21 Labs, based by Prof. Amnon Shashua, Prof. Yoav Shaham and Ori Goshen, is elevating $300 million in a Sequence E financing spherical to construct its personal massive language fashions (LLMs), “Enterprise Insider” stories. The corporate’s most up-to-date financing spherical was in 2023 when it raised $208 million at an organization valuation of $1.4 billion. Earlier traders embody Google and Nvidia. The Sequence E financing spherical will carry the full raised by AI21 Labs to $636 million.
RELATED ARTICLES
AI21 Labs is specializing in lowering hallucinations in generative AI, which might make LLMs extra dependable. In March, AI21 Labs launched the Maestro planning and orchestration system, which improves the accuracy of methods like ChatGPT and Claude by as much as 50% on advanced duties.
Printed by Globes, Israel enterprise information – en.globes.co.il – on Could 11, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
