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Generative AI startup AI21 Labs raises cash in the midst of OpenAI chaos

5 min•21 november 2023

One AI startup’s undoing is another’s opportunity. Case in point: today, AI21 Labs, a company developing generative AI products along the lines of OpenAI’s GPT-4 and ChatGPT, closed a $53 million extension to its previously-announced Series C funding round. 

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