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Stock impact report

PolyAI Raises $86 Million As Fight To Answer Calls With AI Heats Up [Forbes]

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
Company Research Source: Forbes
PolyAI has just raised a new round on a $750 million valuation. A London-based startup that helps casinos, banks and medical companies field and answer calls from customers using artificial intelligence has raised a new round from existing investors that now values the company at $750 million. GO TO PAGE PolyAI raised $86 million in a Series D funding round co-led by existing investors Georgian, Hedosophia and Khosla Ventures. The valuation of the University of Cambridge spinout has jumped 50% from $500 million at its last fund raise in May 2024 . PolyAI, which was founded in 2017, has raised $200 million to date with its new round. Investors have plowed far more money into similar startups that promise to replace call centers and help desk employees that answer customer service calls or take reservations and bookings. AI startup Sierra, cofounded by Silicon Valley veteran and OpenAI chairman Bret Taylor in 2023, surged to a $10 billion valuation after closing a $350 million f Show less Read more
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