SA国际传媒

AI startups apparently are going to end the year the same way they began it 鈥� raising huge amounts of cash.

Paris-based , an and competitor, is putting the final touches on a massive round of approximately $415 million that would value the company at $2 billion, per a .

The round was first in October, with the round being around $300 million.

Per the new report, the round will include an equity investment from investors led by 鈥� which is expected to invest more than $200 million. Other investors in the round include , and .

In addition, both and 1agreed to contribute 聽convertible debt to the deal.

The raise comes just about six months after the startup 鈥� which is developing an open-source large language model 鈥� raised a seed round worth approximately $111 million led by Lightspeed Venture Partners.

More big money

The round is just the latest massive one raised by a competitor of OpenAI, who itself raised the largest U.S.-based startup funding round this year 鈥� a $10 billion deal from .

San Francisco-based Anthropic raised several rounds throughout the year, totaling more than $2.6 billion, from investors including and .

In June, Palo Alto, California-based locked up a huge $1.3 billion round led by , , , and new investor , which valued Inflection AI at $4 billion, . The startup is building what it says will be the 鈥渓argest AI cluster in the world.鈥�

In November, another European startup raised a big sum as Germany-based raised a $500 million Series B led by , and the companies of . Founded in 2019, Aleph Alpha allows companies to develop and deploy large language and multimodal models.

Further reading:

• Microsoft Agrees To Multibillion-Dollar Deal With OpenAI
• AI Funding Explosion: Inflection AI Nabs $1.3B, Runway and Typeface Also Raise Big
• European OpenAI Competitor Aleph Alpha Raises $500M

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