Sep 21, 2023

AI Startup Writer Raises $100 Million To Take On ChatGPT Enterprise

Posted by in category: robotics/AI

Generative AI startup Writer has raised $100 million in a series B funding round, valuing it between $500 million and $750 million, the company announced Monday. Writer’s large language models produce content ranging from incident reports and emails to product descriptions and executive summaries, placing it squarely in competition with OpenAI’s ChatGPT Enterprise, which was launched last month, and other fast-growing unicorns like Typeface.

But despite the crowded generative AI space, Writer CEO and cofounder May Habib told Forbes that some enterprise customers are switching from Azure OpenAI over to Writer because the quality of outputs generated by ChatGPT wasn’t high enough. Her startup’s… More.

Firms like Spotify, Uber and Accenture use Writer’s generative AI tools to research, create and analyze content.

Leave a reply