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Insider sources reveal that Naive AI, an AI model startup founded in February of this year, has soared to a valuation exceeding $1.4 billion, following the completion of three financing rounds that collectively raised $400 million. Naive AI is poised to unveil its inaugural large language model as soon as this month. Among its roster of investors are industry giants such as Tencent, IDG Capital, Matrix Partners China, and Sequoia.
It is understood that Naive AI secured $100 million in its Series A funding round, followed by an impressive $180 million in its Series B round. Recently, the company successfully concluded its Series C funding round, raising an additional $120 million, thereby propelling its post-investment valuation to a staggering $1.42 billion.
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