ChainCatcher report, according to Bloomberg, AI startup Mirendil, founded by former Anthropic researchers, is negotiating a new funding round that would value the company at $5 billion. Sources familiar with the matter say Kleiner Perkins is in talks to lead the round, which could bring in up to $1 billion in new capital, while Andreessen Horowitz is also negotiating to participate. Three months ago, Mirendil completed a $200 million seed round led by the same two firms, at a $1 billion valuation. The company, founded earlier this year, aims to build self-improving AI models and plans to launch a cutting-edge model in early next year.
AI startup Mirendil is in talks for a $500 million funding round at a $5 billion valuation.
ChaincatcherShare
Summary
AI startup Mirendil is in the news for a potential $500 million funding round at a $5 billion valuation, according to ChainCatcher. Kleiner Perkins is in discussions to lead the round, with Andreessen Horowitz also set to participate. The company, founded by former Anthropic researchers, raised $200 million in a seed round at a $1 billion valuation three months ago. Mirendil is developing self-improving AI models and plans to launch a new AI-powered model linked to crypto news early next year.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.