Salesforce Backs Startup That Tailors AI Models For Government Contracts
British company AutogenAI raises $39.5 million — fewer than five months after its last funding round.
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Salesforce.com Inc. and other investors have put $39.5 million into a UK startup, AutogenAI, that makes artificial intelligence for a mundane field: bidding for public contracts.
Governments spend trillions of dollars a year hiring private companies for everything from street sweeping to fighter jets. AutogenAI develops automated writing tools, built on ChatGPT and similar services, designed to complete the paperwork to bid for public and private projects more quickly and effectively. Chief Executive Officer Sean Williams believes his software can become an integral part of every procurement process.