Elemental Cognition (EC.ai), a New York-based AI technology provider focused on solving the hardest problems, raised $60M in Series B funding.
Backers included The round saw participation from Bridgewater Associates, Breyer Capital, AME Cloud Ventures, Staged Ventures, and other individuals.
The company intends to use the funds to support the commercial growth of its patented platform.
Founded in 2015 by Dr. David Ferrucci, Elemental Cognition (EC) provides a generative AI that combines large language models (LLMs) with a variety of other AI techniques to ensure solutions to dynamic problems. Its offerings include solutions for two use case categories: research & discovery and expert assistance. The solutions are targeted for industries including life sciences, financial services, travel & logistics, higher education, and government.
FinSMEs
31/08/2023