AUI Announces New Funding at $750M Valuation, Eyes Transformer Alternative
Photo by Mirella Callage on Unsplash
Augmented Intelligence Inc., a NYC startup, received $20 million in funding from firms like eGateway Ventures and New Era Capital Partners, bringing their total to $60 million and reaching a $750 million valuation. AUI is creating Apollo-1, a "neuro-symbolic" foundation model for task-oriented dialogue integrating LLMs and a symbolic reasoning engine, providing deterministic results for enterprise applications.
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Key takeaways
- Augmented Intelligence Inc
- (AUI), a New York City-based startup, has secured $20 million in a recent funding round, achieving a valuation cap of $750 million
- This new investment brings AUI's total funding to approximately $60 million
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