AI Startup Imbue Tops $1 Billion Valuation After Funding from Nvidia

09/11/2023 06:35
AI Startup Imbue Tops $1 Billion Valuation After Funding from Nvidia

Imbue is focused on building custom AI agents capable of reasoning, with the goal of making users more productive.

Imbue is focused on building custom AI agents capable of reasoning, with the goal of making users more productive.

Imbue Raises $200M Series B, Gets Valuation of Over $1 Billion

Imbue, a startup building large language models to power artificial intelligence tools, has raised $200 million from investors including Nvidia Corp. at a valuation of more than $1 billion.

Astera Institute, a nonprofit founded by cryptocurrency billionaire Jed McCaleb, led the funding round, with participation from others including Kyle Vogt, the chief executive officer of General Motors Co.’s self-driving unit Cruise, the company said Thursday. The amount is 10 times what the startup has already raised, it said.

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AI Startup Imbue Tops $1 Billion Valuation After Funding from Nvidia

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