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Former Twitter CEO’s AI Startup Raises $30 Million in Khosla-Led Deal

Jan 08, 2024 - theinformation.com
Parag Agrawal, former CEO of Twitter, has reportedly raised around $30 million in funding for an undisclosed artificial intelligence startup. The funding was led by Khosla Ventures, a previous backer of OpenAI, with participation from Index Ventures and First Round Capital.

The startup is developing software for developers of large language models, similar to OpenAI's ChatGPT, and its customers. However, the specifics of the product and the startup's name have not been disclosed.

Key takeaways:

  • Parag Agrawal, former CEO of Twitter, has raised about $30 million in funding for an artificial intelligence startup.
  • The funding was led by Khosla Ventures, an early backer of OpenAI.
  • The startup is developing software for developers of large language models, similar to OpenAI's ChatGPT.
  • Index Ventures and First Round Capital also participated in the funding round.
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