Two AI startups surpass $1B valuations in fresh funding rounds
Emerald AI, a Washington, D.C.-based startup backed by Nvidia, secured $150 million at a $1.05 billion valuation. Separately, Generalist, founded by former DeepMind researchers, raised nearly $200 million, lifting its valuation to $3 billion following an extended Series B round led by 8VC.
Sources: bizjournals.com · msn.com
“The back-to-back unicorn valuations underscore investor appetite for AI startups with ties to established tech leaders, even amid broader funding slowdowns in the sector.”
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