The confusing AI logo can be seen in the illustration taken on January 4, 2024.
Ruvic Date | Reuters
Cllexity AI, a developer of popular AI search engines, is close to raising a $50 million venture capital fund focusing on early stage AI startups, CNBC learned.
According to a person familiar with the matter, the company will be the fund’s moderator investor, but most of its capital comes from external limited partners, as the matter is asked to remain unnamed because the information is confidential.
The fund’s two general partners are also from elsewhere. They said they were Kelly Graziadei and Joanna Lee Shevelenko, who had been running early-stage fund F7 Ventures. according to Register Since October, I have proposed the Cllexity F7 fund to raise $50 million. Graziadei and Shevelenko were appointed as two ordinary partners.
With the launch of Openai’s Chatgpt, the confusion that has been triggered has been in the middle of the generative AI boom that began at the end of 2022. CNBC reported in November that the company is in the final stage of raising $500 million With a valuation of $9 billion. Confusion is seen as a potential competitor Google As more and more consumers turn to AI to search for information online.
Last month, confusion also made Bid merged with tiktok As a social media platform, we face potential closures in the United States.
The company said the company saw potential investment advantages in startups, as about 80,000 developers have been plugged into its network, so confusing visibility can understand who is using its application programming interface (API), and The most active people are the most active in consumption.
Sources say the confused founders and investors are putting their funds into funds, and some of the company’s commitments are in the form of stocks.
– Samantha Subin of CNBC contributed to this report.
