Exa, a San Francisco, CA-based AI research lab redesigning search for the AI age, raised $22M in seed and Series A funding.
The round was led by Lightspeed Venture Partners, with participation from NVentures, NVIDIA’s venture capital arm, and Y Combinator.
The company intends to use the funds to expand operations and its development efforts to accelerate its mission to build the search engine for AI.
Led by CEO Will Bryk, Exa trains embedding models, using the same technology behind ChatGPT, to convert web pages into lists of numbers known as embeddings. The result is a technology that packs large language models (LLMs) into the search process itself, making search smarter than keyword approaches like Google.
So far, thousands of companies and developers have integrated Exa, from AI writing assistants helping students cite relevant papers, to VC firms sourcing highly specific startups, to AI research teams at companies like Databricks assembling large, high quality training datasets.
FinSMEs
16/07/2024