Contextual AI, a San Francisco, CA-based startup that builds personalized language fashions for companies to reinforce their AI functions, raised $80m Collection A funding spherical.
The spherical was led by Greycroft with participation from Bezos Expeditions, NVentures, HSBC Ventures, and Snowflake Ventures in addition to present traders Bain Capital Ventures, Lightspeed Ventures, Lip-Bu Tan, Conviction, and Recall Capital.
The corporate intends to make use of the funds to increase its growth efforts.
Led by CEO Douwe Kiela, and CTO Amanpreet Singh, Contextual AI gives a platform that lets enterprises construct RAG 2.0 functions in minutes whereas being absolutely customizable utilizing end-to-end machine studying (ML). Enterprises can deploy the platform on its safe SaaS infrastructure or on-prem inside their very own surroundings. With on-prem deployment, there’s no must ship knowledge to exterior APIs.
FinSMEs
04/08/2024
