Sources: AI model builder Core Automation, founded in March by Jerry Tworek, aims to raise $300M-$500M at a $4B valuation after raising $100M at a $1B valuation (The Information)
Core Automation, a six-week-old AI model builder founded by ex-OpenAI researcher Jerry Tworek, is seeking $300M-$500M at a $4B valuation, up from a $1B valuation just months ago.
Excerpt
<a href="https://www.theinformation.com/articles/ex-openai-researchers-six-week-old-startup-targets-funding-4-billion-valuation"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260507/i50.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260507/p50#a260507p50" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.theinformation.com/">The Information</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/ex-openai-researchers-six-week-old-startup-targets-funding-4-billion-valuation">Sources: AI model builder Core Automation, founded in March by Jerry Tworek, aims to raise $300M-$500M at a $4B valuation after raising $100M at a $1B valuation</a></b></span> — Nvidia's investment spree in startups that use its AI chips has stoked traditional venture capital firms' interest in those companies.</p>
Read at source: https://www.techmeme.com/260507/p50#a260507p50