On May 21, PANews reported that AI startup Hark has announced the completion of a $700 million funding round, bringing its post-money valuation to $6 billion. This Series A round was led by Parkway Venture Capital, with participation from NVIDIA, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Qualcomm Ventures, and Salesforce Ventures. Hark stated it will use the funds to expand its GPU infrastructure, accelerate the development of large models, grow its team from approximately 70 to 200 engineers, and develop its own next-generation AI hardware—with the goal of building a personal intelligent system capable of voice interaction, visual understanding, persistent memory, and high personalization.
AI startup Hark completes $700 million Series A round at a $6 billion valuation
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Summary
AI startup Hark has closed a $700 million Series A round at a $6 billion valuation, led by Parkway Venture Capital, with participation from NVIDIA, AMD Ventures, and ARK Invest. The company will use the funds to scale its GPU infrastructure, accelerate R&D for large models, and expand its engineering team. Hark is focused on building a personal intelligent system with voice, vision, and memory capabilities. This development brings further on-chain momentum to the AI + crypto news space, as the firm also plans to develop next-generation AI hardware.
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