Writer Inc., a startup that helps businesses write and summarize a wide range of content, has raised $100 million in a deal that values the company at more than $500 million.Led by Chief Executive Officer May Habib, Writer is the latest artificial intelligence upstart to use large language models in a corporate setting. LLMs are trained on large swaths of online text so they can generate writing that sounds as if it were produced by a human. The startup lets companies to use AI for functions like producing product descriptions, job listings and social media posts, along with analyzing data and automating tasks.
Origen: AI Startup Writer Raises $100 Million to Pen Corporate Content – Bloomberg
