Paris-based artificial intelligence (AI) startup Holistic has reportedly raised $200 million in the first tranche of its initial funding round.
The company was founded by a scientist who left DeepMind and aims to develop “multi-agent” models in which multiple AI systems interact with each other, Bloomberg reported. report Tuesday (May 7), citing anonymous sources.
When reporting on this possible formation AI startup Bloomberg said in January that the startup is distinct from the London-based enterprise software business. holistic AI.
Paris-based Holistic will use the new funding to buy computing power, according to a report on Tuesday.
The startup has trained AI models with skills that other models have struggled with, such as memory and planning, and has expanded its reach across multiple markets and revenues, according to the report, which cited an investor presentation obtained by Bloomberg. The aim is to target the source.
That funding round valued Holistic at $370 million, according to the report.
Another French person reported this in April. AI startup, Mistral AIis considering a funding round worth $5 billion.
Mistral AI raised $415 million and was valued at about $2 billion in December. The company also raised $113 million in what was then called the largest seed funding round in European history.
Companies and Investor We are bullish on AI because we believe it is a transformative innovation that has the potential to transform entire industries and create economic value. and PYMNTS reported in March that it offers a strong competitive advantage.
It was reported in December that Essential AI It emerged from stealth with $56.5 million in new funding and technology that can use AI for corporate functions such as data analysis and automate tedious tasks.this AI startup Founded by two Google veterans.
Medical systems technology companies in April inquiry Raised $47.5 million to expand business AI solution “Health systems can optimize the flow of patients, staff, and resources to improve safety, coordination, and service delivery.”
“Clinical staff are critical assets in the health system and must be freed to focus on the single most important job: providing patient care.” Philip von GilsaKontakt.io CEO said in a press release at the time.