{"id":176424,"date":"2023-11-21T11:22:51","date_gmt":"2023-11-21T17:22:51","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/11\/generative-ai-startup-ai21-labs-raises-cash-in-the-midst-of-openai-chaos"},"modified":"2023-11-21T11:22:51","modified_gmt":"2023-11-21T17:22:51","slug":"generative-ai-startup-ai21-labs-raises-cash-in-the-midst-of-openai-chaos","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/11\/generative-ai-startup-ai21-labs-raises-cash-in-the-midst-of-openai-chaos","title":{"rendered":"Generative AI startup AI21 Labs raises cash in the midst of OpenAI chaos"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/generative-ai-startup-ai21-labs-raises-cash-in-the-midst-of-openai-chaos2.jpg\"><\/a><\/p>\n<p>One AI startup\u2019s undoing is another\u2019s opportunity.<\/p>\n<p>Case in point: Today, <a href=\"https:\/\/techcrunch.com\/2023\/08\/30\/generative-ai-startup-ai21-labs-lands-155m-at-a-1-4b-valuation\/\">AI21 Labs<\/a>, a company developing generative AI products along the lines of OpenAI\u2019s <a href=\"https:\/\/techcrunch.com\/tag\/gpt-4\/\">GPT-4<\/a> and <a href=\"https:\/\/techcrunch.com\/2023\/11\/19\/chatgpt-everything-to-know-about-the-ai-chatbot\/\">ChatGPT<\/a>, closed a $53 million extension to its <a href=\"https:\/\/techcrunch.com\/2023\/08\/30\/generative-ai-startup-ai21-labs-lands-155m-at-a-1-4b-valuation\/\">previously announced<\/a> Series C funding round. The new tranche, which had participation from new investors Intel Capital and Comcast Ventures, brings AI21\u2019s total raised to $336 million.<\/p>\n<p>The startup\u2019s valuation remains unchanged at $1.4 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One AI startup\u2019s undoing is another\u2019s opportunity. Case in point: Today, AI21 Labs, a company developing generative AI products along the lines of OpenAI\u2019s GPT-4 and ChatGPT, closed a $53 million extension to its previously announced Series C funding round. The new tranche, which had participation from new investors Intel Capital and Comcast Ventures, brings [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-176424","post","type-post","status-publish","format-standard","hentry","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/176424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=176424"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/176424\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=176424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=176424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=176424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}