<ul><li>Grammarly has secured $1 billion in non-dilutive financing from General Catalyst to enhance its AI offerings and expand into a comprehensive productivity platform.</li><li>The funding will be used for sales, marketing costs, strategic acquisitions, and building communication-based productivity tools and integrating third-party tools on its platform.</li><li>General Catalyst will not acquire equity in Grammarly but will receive a capped return tied to the revenue generated from the fund used for customer acquisition.</li><li>Grammarly faces critiques of its AI writing tools from Kirk McElhearn, highlighting issues with quality and integration, while also discussing comparisons with Apple's writing tools.</li></ul>

Grammarly Raises $1 Billion

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