Reka AI, which aims to make more efficient LLMs, raised $110M from Nvidia, Snowflake, and others at a $1B+ valuation, up from ~$300M in 2023, per PitchBook (Brunella Tipismana Urbano/Bloomberg)

Brunella Tipismana Urbano / Bloomberg:
Reka AI, which aims to make more efficient LLMs, raised $110M from Nvidia, Snowflake, and others at a $1B+ valuation, up from ~$300M in 2023, per PitchBook  —  Snowflake had previously been in talks to buy the three-year-old AI startup.  —  Artificial intelligence company Reka AI raised …

Posted from: this blog via Microsoft Power Automate.

Daily Deals