Nvidia and Google invest $300M in AI21 Labs for proprietary AI models

From Yahoo Finance: 2025-05-20 10:02:00

AI21 Labs, an Israeli startup specializing in generative AI, is securing a $300 million Series D funding round, bringing its total funding to $636 million. Investors include Nvidia, Google, and Intel Capital, supporting its vision of creating AI models for enterprises. The company’s proprietary models, like Jurassic-1, target high-performance use cases, surpassing competitors in parameters. The funding comes amidst a booming AI venture capital quarter, positioning AI21 Labs as a rising force in the industry.



Read more at Yahoo Finance: Nvidia And Google Back AI21 Labs In $300M Series D To Build Proprietary LLMs, Challenging OpenAI And Anthropic In Enterprise AI