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AI Startup Nomic Raises $17 Million To Do What OpenAI Didn't Want To: Open Source Artificial Intelligence For All

While startup funding has generally been tight, early-stage companies in the artificial intelligence (AI) space are in a better position than other businesses. Nomic AI is the latest AI startup to achieve success in this area, securing $17 million in a new funding round from investors led by Coatue Management. The investment, which also included participation from Betaworks Ventures and Contrary Capital, places a valuation of $100 million on the up-and-coming open-source AI model creator. Don’t ....

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The 7 Largest NYC Tech Startup Funding Rounds of July 2023 – AlleyWatch

The 7 Largest NYC Tech Startup Funding Rounds of July 2023 – AlleyWatch
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#NYCtech Week in Review: 7/9/23 – 7/15/23 – AlleyWatch

#NYCtech Week in Review: 7/9/23 – 7/15/23 – AlleyWatch
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Open-source AI model creator Nomic raises $17 million led by Coatue

The investment valued New York-based Nomic AI, a team of four at the time, at $100 million ....

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Open-source AI model creator Nomic raises $17 million led by Coatue

Open-source AI model creator Nomic raises $17 million led by Coatue
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