With the help of Coatue, open-source AI model developer Nomic raises $17 million
According to the companies, Coatue led a new investment round for AI firm Nomic that brought in $17 million. The investment valued Nomic AI, a four-person team based in New York, at $100 million, demonstrating VCs’ persistent willingness to back startups with small teams developing successful AI products. Betaworks VenturesContinue Reading