AI firm Simile sees valuation jump 20 times in five months
Simile, an AI startup, secured $200 million in Series B financing, pushing its total valuation to $2 billion. This marks a 20-fold growth in only five months. The business first came out of stealth mode this past February after raising $100 million. Simile creates AI-driven synthetic users that mimic human actions, allowing businesses to evaluate their products, marketing strategies, and policies prior to official release.
by shortkt.com✓