New unicorn Reka AI raises $110 million, with investors including NVIDIA and Snowflake
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Artificial intelligence company Reka AI raised $110 million from investors including NVIDIA and Snowflake, with a valuation exceeding $1 billion. The company focuses on developing large language models, claiming its efficiency surpasses that of competitors. Reka AI was founded in 2022 by former researchers from Google and Meta, with the number of employees increasing from 20 to 50 over the past year. Snowflake will offer Reka AI's models and products to its customers
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