Black Forest Labs is behind the image generation functionality for Grok. What's particularly intriguing is their rumoured funding round, potentially $100M at a $1B valuation. This is a jump from their previous $150M valuation. Unlike some of their peers who've stumbled after large fundraises, Black Forest Labs seems to be taking a more secretive approach.
This strategy, coupled with their upcoming text-to-video tool, could position them as a significant player in the AI arms race.
Damn how many billlion dollar AI startups can we take
Gonna be a big bubble busting event
Let's see
There are too many AI startups right now. So I am interested to see what happens
There is no dearth of capital in this new world. Getting access to deals will be crucial and hence the high valuation
Help make sense of this, please.
Perplexity raises $73.6M from the likes of some big names like Jeff Bezos, Naval, Balaji, NVIDIA. Just last month Mistral raised more than $400M in its second funding. AI based startups are the future I guess?
