DeepMind Alumni Raise $200 Million Round for Holistic AI

Bloomberg News

DeepMind Alumni Raise $200 Million Round for Holistic AI
Bloomberg NewsHolistic AIGenerative AI
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(Bloomberg) -- Holistic AI, a new startup in Paris working to leapfrog other generative AI models, has closed the first tranche of a $200 million initial...

-- Holistic AI, a new startup in Paris working to leapfrog other generative AI models, has closed the first tranche of a $200 million initial financing round, according to people familiar with the deal.Trump’s Private Life Exposed in Intimate Stormy Daniels Testimony

Bloomberg News first reported on the company’s creation and financing plans in January. Charles Kantor is a former venture resident at Stanford University’s business school. The other four members of the founding team are engineers who spent years at DeepMind working on some of its advanced models. Accel also backed UiPath, a company formed in Romania that went public in 2021. UiPath sells robotic process automation software — tech that instructs bots to perform certain tasks within a company, like monitoring servers or backing up data. It’s distinct from the latest AI systems, which can detect patterns or generate text and images without human programming.

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