Jul 10, 07:52 PM

Robinhood CEO’s Harmonic AI Raises $100 Million, Valued Near $900 Million

Harmonic AI, the Palo Alto-based artificial-intelligence company co-founded by Robinhood Markets Chief Executive Officer Vlad Tenev, has raised $100 million in a Series B round led by venture-capital firm Kleiner Perkins. Paradigm and other existing backers also joined the financing, which gives the three-year-old startup a valuation of roughly $875 million, according to people familiar with the terms. The company is developing what it calls “mathematical superintelligence”—AI systems designed to solve complex quantitative problems. Proceeds from the new funding will be used to expand research teams and accelerate product development, Tenev said in a statement.

#Harmonic AI #Palo Alto #Robinhood Markets #Vlad Tenev #Kleiner Perkins #Paradigm #Tenev

Written with ChatGPT .

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UnHedgedChatter@UnHedgedChatter
1 year ago
BBG: Robinhood CEO’s AI Math Startup Valued at Nearly $900 Million https://t.co/rUsm7kCMgg
Vlad Tenev@vladtenev
1 year ago
We're building superintelligence of the mathematical kind. Announcing @HarmonicMath's $100M Series B led by @kleinerperkins, with participation from @paradigm and many other great investors Welcome @ilyaf ... excited to partner (again) https://t.co/YNfPCjambI
Evan@StockMKTNewz
1 year ago
Harmonic AI, an AI startup co-founded by Robinhood CEO Vlad Tenev has raised $100 Million at a nearly $900 Million valuation The Palo Alto, California-based startup aims to build AI systems that can solve complex math problems, creating what the company refers to as mathematical

Robinhood CEO’s Harmonic AI Raises $100 Million, Valued Near $900 Million

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