Avatar photo

Reuters

AI Startup AlphaSense Valued at $2.5 Billion after latest funding round

AlphaSense Raised $150 Million in a Fresh Round of Funding Underscoring Strong Demand for AI Startups

“Big Tech companies including Amazon (AMZN.O) and Microsoft (MSFT.O) have been pouring billions into securing ties with AI startups that are reshaping their industry. When asked if AlphaSense has any plans for an initial public offering, CEO Jack Kokko told Reuters the company has “plenty of capital more than we could hope for” right now. Investing in new initiatives, especially in generative AI, is a focus too as the company explores expanding its product offering, Kokko said in an interview.”

,