webAI Is Now Valued at over $2.5 Billion
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webAI is now valued at over $2.5 billion
WebAI, an Austin, Texas-based sovereign AI platform, raised "high double-digit" millions of dollars at a $2.5 billion pre-money valuation, it tells Axios. Why it matters: The idea is to run AI directly on devices, bypassing the cloud, for the sake of increased privacy, performance, and energy…
Sovereign AI unicorn webAI's value soars to $2.5B after 'double-digit' funding round
Privacy-focused artificial intelligence startup webAI Inc. has reportedly closed on an early-stage “high double-digit” round of funding that sends its value soaring to $2.5 billion, according to a report in Axios. Participants in the Series A extension round included Marc Benioff’s Time Ventures, Atreides Management, existing investor Forerunner Ventures and others. WebAI is the creator […] The post Sovereign AI unicorn webAI’s value soars to $2…
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