Prentis, new AI lab co-founded by Reid Hoffman, Mark Pincus in talks to raise $100M

TechCrunch
Prentis, a computer-use AI startup co-founded by Ritankar Das, Reid Hoffman, and Mark Pincus, is seeking to raise $100 million at a $1 billion valuation.

Summary

Prentis, an artificial intelligence startup focusing on computer-use models to automate office workflows, is in discussions to raise $100 million at a $1 billion valuation. Co-founded by Ritankar Das, Reid Hoffman, and Mark Pincus, the company trains models to navigate documents and systems, securing up to $50 million in contracts despite entering a competitive market alongside industry giants.

(Source:TechCrunch)