AI21 Labs, a pioneer in large language model artificial intelligence, has closed a $155 million Series-C funding that brings the Tel Aviv-based firm’s total raise to $283 million for a valuation of $1.4 billion. Investors include Google, Nvidia, Samsung Next, Walden Catalyst, Pitango, SCB 10X, b2venture, and AI21 co-founder Amnon Shashua. The company is best known for its flagship AI21 Studio product, a developer platform that lets customers pay as they go to build custom text-based business apps using AI21’s proprietary models, notably Jurassic-2. The firm’s portfolio also includes the multilingual reading and writing assistant Wordtune. Continue reading Major Tech Firms Help Boost Valuation of AI21 to $1.4 Billion