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What changed in AI, one story at a time. Each one links to its primary source, and facts stay apart from interpretation.

Last updated

Wednesday, October 14UTC

  1. New
    LabelboxSeries E financingFunding & Deals

    Labelbox announces more than $100 million in equity and credit financing

    Labelbox announced over $100 million in Series E financing, explicitly including both equity and a credit facility, led by Infinitum Partners. The company states a $1.25 billion pre-money valuation and plans to fund Horizon research environments and Recursion agents. Its profitability, growth and customer-penetration figures are company claims; the announcement does not break out the equity amount or show that all credit has been drawn.

    Labelbox1 source

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