Unicorn AI Firm Writer Raises $200M, Plans to Challenge OpenAI, Anthropic

The enterprise AI arms race shows no signs of slowing.Writer, a San Francisco-based startup founded in 2020, on Tuesday announced a $200 million series C venture capital boost, giving the company unicorn status at a $1.9 billion valuation. Writer will use the new funding to accelerate development of its AI solutions and applications for use in healthcare, retail, and financial services.Last month, Writer launched its enterprise large language model (LLM) trained on synthetic data, which is becom...

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