Holistic, a Paris-based AI startup founded by ex-DeepMind staffers, is raising a $200 million funding round, sources say [Business Insider]
UiPath, Inc. Class A (PATH)
Company Research
Source: Business Insider
The startup aims to develop a multi-agent AGI, per a leaked investor deck obtained by BI. A Paris-based AI startup founded by two ex-DeepMind scientists is set to raise around $200 million in new funding. Helmed by co-CEOs Charles Kantor, a former venture resident at Stanford Business School, and former DeepMind scientist Karl Tuyls, Holistic is focused on building a new multi-agent artificial generative intelligence (AGI), according to an investor deck obtained by Business Insider. Ex-DeepMind scientist Laurent Sifre is chief LLM officer. The startup aims to "generate frontier multi-agent and multimodal foundational models" and a "self-learning AGI, "per the deck. AI models have boomed recently, and fellow French AI startup Mistral has raised several funding rounds since its inception in 2023, totaling more than €500 million to date. Little is known about Holistic, but the company's initial funding round is large, even by AI standards. Sources familiar told Business Insider
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- Prediction: This Will Be UiPath's Next Big Move [Yahoo! Finance]Yahoo! Finance
- UiPath Kicks Off Annual AI25 Awards to Recognize the Most Innovative Uses of AI and Business Automation [Yahoo! Finance]Yahoo! Finance
- UiPath Kicks Off Annual AI25 Awards to Recognize the Most Innovative Uses of AI and Business AutomationBusiness Wire
- Early Facebook investor Accel raises $650 million fund to back European and Israeli startups [MSNBC.com]MSNBC.com
- 3 Artificial Intelligence (AI) Stocks to Buy in May [Yahoo! Finance]Yahoo! Finance
PATH
Earnings
- 3/13/24 - Beat
PATH
Sec Filings
- 5/10/24 - Form 8-K
- 5/10/24 - Form ARS
- 5/9/24 - Form DEFA14A
- PATH's page on the SEC website