May 11, 2025:
AI21 Labs Secures $300M for AI Expansion - AI21 Labs, an Israeli AI startup, secured $300 million in a Series D funding round from Google and Nvidia. The funds are aimed at expanding its enterprise AI offerings, including the Jamba series of large language models known for their efficiency in long-context tasks. The company also launched Maestro to enhance language model output quality.
AI21 provides tools like Wordtune and AI21 Studio for consumer and enterprise use, addressing various deployment needs. Founded in 2017, the company has now raised a total of $636 million.
