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Ai Model Startup Reka Raises $50 Million In Funding Led By Dst Global

Ai Model Startup Reka Raises $50 Million In Funding Led By Dst Global

06/27/23, 4:59 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsunnyvale
Money raised
$50 million
Industry
information technology
Reka, an AI model startup founded by former researchers from Alphabet's DeepMind, has raised $50 million in a fresh round of funding from investors including Yuri Milner's DST Global and Snowflake, the companies told Reuters. The valuation of the deal was not disclosed. A source familiar with the matter said it valued Reka, which launched last year and has no revenue yet, at about $300 million.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardUnmuteCurrent Time 0:00/Duration 51:58Loaded: 0.98%00:00Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -51:58 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedPicture-in-PictureFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption Area BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Advertisement Reka focuses on building large and specialized AI models for enterprise customers

Company Info

Company
Reka
Location
530 lawrence expy
sunnyvale, california, united states
Additional Info
AI Research and Product company with a mission to build amazing generative models and advance AI research.

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