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AI Startups Secured Over $140 Million in Funding

Chrissie Wong

Chrissie Wong

18 March 2024

Together AI secures $106 million in funding led by Salesforce, marking a significant increase in valuation. The platform facilitates the development and deployment of open-source models for enterprise applications. Investors include Coatue Management, Lux Capital, and Emergence Capital.

Former Google developer Linwei Ding is accused of stealing AI trade secrets, facing a potential 10-year prison sentence. He allegedly collaborated with Chinese AI firms, transferring sensitive documents to personal Google Cloud storage.

Adaptive AI emerges with $20 million in funding, focusing on continuous learning for language models through reinforcement learning from human feedback. Index Ventures leads the seed investment, joined by ICONIQ Capital and others.

Tavus Dev Platform secures $18 million for GenAI Replica API development, unveiling the Replica API powered by the Phoenix model. Scale Ventures leads the Series A round, with participation from Sequoia Capital and Y Combinator.