AI Dictation Startup Wispr in Funding Talks at $2 Billion Value

Wispr AI Inc., the developer behind the popular voice dictation tool Wispr Flow, is in talks to raise a new round of funding that could more than double its valuation to $2 billion, according to people familiar with the matter.

Menlo Ventures is set to lead the financing, said the people, who spoke on condition of anonymity as the information is not public. The funding is expected to total about $260 million, one of the people said. The deal isn’t finalized, and the terms could still change.