AI Startup Imbue Tops $1 Billion Valuation After Funding from Nvidia
Imbue is focused on building custom AI agents capable of reasoning, with the goal of making users more productive.
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Imbue, a startup building large language models to power artificial intelligence tools, has raised $200 million from investors including Nvidia Corp. at a valuation of more than $1 billion.
Astera Institute, a nonprofit founded by cryptocurrency billionaire Jed McCaleb, led the funding round, with participation from others including Kyle Vogt, the chief executive officer of General Motors Co.’s self-driving unit Cruise, the company said Thursday. The amount is 10 times what the startup has already raised, it said.