Seed · AI

Ineffable Intelligence raises $1.1bn seed round

Sequoia Capital, Lightspeed, NVIDIA and other participants backed the AI developer.

Ineffable Intelligence raised $1.1 billion in seed financing on April 27. Named participants included Sequoia Capital, Lightspeed, NVIDIA, DST Global, Index, Google, Flying Fish Ventures, EQT Ventures, Evantic Capital, Wellcome Trust, BOND Capital, British Business Bank and the UK's Sovereign AI Fund.

The company is developing an AI system intended to learn autonomously.

Funding history

Seed · This round$1.1B

Sources

  1. Ineffable Intelligenceprojectstartups.com
  2. tech.eu