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Image Credit: Siliconangle

Writer reels in $200M for its generative AI toolkit

  • Artificial intelligence startup Writer Inc. has raised $200 million in a Series C funding round at a $1.9 billion valuation.
  • The investment was led by Premji Invest, Radical Ventures, and ICONIQ Growth, with participation from several other backers.
  • Writer develops large language models, including the advanced Palmyra X 004 model, which outperforms GPT-4o in tool use.
  • The funding will be used to expand Writer's feature set, release more AI applications, and develop models for reasoning tasks.

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