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“AI startup Glean lures Citigroup as investor at $2.2 billion valuation after revenue quadruples”

“…

  • Glean is valued at $2.2 billion in its latest funding round.
  • The company is taking on the Copilot chat tool for Microsoft 365, which can sift through vast amounts of corporate data to answer workers’ questions.
  • Annualized revenue at the end of January was $39 million, up from $10 million a year earlier.

…”

https://www.cnbc.com/2024/02/27/glean-is-worth-2point2-billion-as-citigroup-databricks-workday-invest.html

Right now AI is where the money is.

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