AI21 Labs today announced it has raised $34.5 million in equity capital to double-down on its AI technology and continue to build additional category-defining products in the race to build a leader in the AI language and writing category.



AI21 Labs was formed by AI luminaries and veterans of the elite technology unit of Israel’s IDF, with the mission of building AI systems with an unprecedented capacity to understand and generate natural language. The company’s first product, Wordtune, is the first AI-based writing companion that understands context and meaning. The company is led by Yoav Shoham, Amnon Shashua, and Ori Goshen. The company is headquartered in Tel Aviv, Israel. For more information visit www.AI21.com.


AI21 Labs Raises $34.5 Million Led by Pitango First

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AI21 Labs Raises $34.5 Million Led by Pitango First

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