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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Grammarly’s $1B boost, brain-computer bets & NYT’s AI licensing shift .@Jason and @Alex dig into the major stories shaping the tech landscape. Key Points: • @Grammarly raises $1B from @generalcatalyst to invest in AI infrastructure and possibly expand into enterprise-grade https://t.co/FJi7CLGQzJ
.@Grammarly's new funding from venture capitalist @generalcatalyst shows how the #AI writing vendor has proven itself in the eyes of investors and customers, and provides an avenue for expansion. https://t.co/Fhr5IjD7Qc
Grammarly Co-Founder Max Lytvyn explains how he scaled an AI startup into a multi-billion dollar company and if an IPO is in their future at Web Summit https://t.co/UgHELRjxyX
Grammarly has secured $1 billion in funding led by venture capital firm General Catalyst to expand its AI-powered productivity platform. The investment will support strategic acquisitions, development of new AI tools, and potential expansion into enterprise-grade solutions. Co-founder Max Lytvyn highlighted the company's growth from a startup to a multi-billion dollar business and discussed the possibility of an initial public offering in the future. This funding round reflects investor confidence in Grammarly's AI capabilities and its position in the productivity technology market.
