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Imbue raises $200 million, valued over $1 billion, to develop reasoning and coding AI

Sep 11, 2023 - aibeat.co
San Francisco-based AI startup Imbue has raised $200 million in a Series B funding round, taking its total financing to $220 million and valuing the company at over $1 billion. The round included investors such as Astera Institute, NVIDIA, Cruise CEO Kyle Vogt, and Notion co-founder Simon Last. The company, previously known as Generally Intelligent, aims to develop AI systems that can reason and code, with a focus on building robust, custom AI agents.

Imbue is currently applying its models to develop agents that can code, with the ultimate goal of enabling anyone to harness the productive power of AI. The company is training its models with over 100 billion parameters using a computer cluster equipped with over 10,000 Nvidia H100 GPUs. It also pays close attention to the safety risks of more capable AI systems and plans to have different controls in place when it launches a product.

Key takeaways:

  • Imbue, a San Francisco-based AI startup, has raised $200 million in a Series B round, bringing its total financing to $220 million and its valuation to over $1 billion.
  • The startup, formerly known as Generally Intelligent, aims to build AI systems that can reason and code, with a focus on developing agents that can perform these tasks.
  • Imbue is training its models with over 100 billion parameters on a computer cluster equipped with over 10,000 Nvidia H100 GPUs.
  • The company is also paying close attention to the safety risks of more capable AI systems, indicating that it will have different controls in place when it launches a product.
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