Startup Writer has received $200 million in investment at a $1.9 billion valuation
- 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.