Prentis, new AI lab co-founded by Reid Hoffman, Marc Pincus in talks to raise $100M
Prentis is pitching cheaper computer-use agents for office work while seeking unicorn terms.
The lab, launched in April, is in talks to raise $100 million at a $1 billion valuation, according to TechCrunch’s sources. Its models are aimed at automating routine workflows across documents and business systems, including claims handling and customs-duty exceptions. The company says it has signed contracts worth up to $50 million, though its projected run rate is performance-dependent and not recognized revenue. Prentis also claims its Hive-32B model beats rival systems on computer-use benchmarks, results TechCrunch says it has not independently verified. TechCrunch AI's note
The lab, launched in April, is in talks to raise $100 million at a $1 billion valuation, according to TechCrunch’s sources. Its models are aimed at automating routine workflows across documents and business systems, including claims handling and customs-duty exceptions. The company says it has signed contracts worth up to $50 million, though its projected run rate is performance-dependent and not recognized revenue. Prentis also claims its Hive-32B model beats rival systems on computer-use benchmarks, results TechCrunch says it has not independently verified. TechCrunch AI's note
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