- Writer develops enterprise generative AI - The new funds will increase Writer's capital to $326 million - Funds will help solidify Writer's market leadership - Investors: Salesforce, Adove, IBM, Citi, ICONIQ, etc. - Its products can be customized for different tasks - Earlier, it launched Palmyra model for text generation - Writer customers can host Writer models themselves - They can also plug in their own data sources - Writer already serves hundreds of enterprise customers - Among them: Qualcomm, Salesforce, Uber, Accenture, etc.