San Francisco-based Writer attracts $200M in Series C funding to become the primary provider of enterprise generative AI for secure and flexible large-scale business processes.
Revolutionizing Enterprise Generative AI:
Writer is a generative AI platform that serves the enterprise sector directly. Furthermore, it recently closed $200M in Series C funding, increasing its capitalized value to $1.9B. Moreover, funding from Premji Invest, Radical Ventures, and ICONIQ Growth will accelerate Writer’s efforts in advancing its concept of ‘agentic AI,’ which addresses highly complex scenarios.
Unlike fundamental generative AI tools, Writer aimed to target core enterprise activities. Moreover, the company collaborates with major clients like Salesforce, Uber, and Mars, enabling Fortune 500 businesses to save millions of workers’ hours.
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Modern Technology for Current Use:
Writer’s proprietary Palmyra family of language models provides secure and high-performance solutions, especially in the financial and health services industries. The latest model is Palmyra X 004 which improves the tool calling and task performance, focusing on the enterprise requirements concerning accuracy and conformity.
Customer-Centric AI:
In knowledge management alone, Writer makes available tools that can offer clients up to nine-fold value for money, not to mention the other services within the tool kit. They aim to align with current work processes, supporting the broader trend of AI-driven digitalization across sectors like retail, healthcare, and finance.
The Futurist Portal for Autonomous AI:
AI solutions extend beyond product data, and Writer’s no-code and code-based tools enable businesses to deploy the most suitable AI solutions for their needs. Moreover, Writer’s AI not only generates text but also executes complex tasks, ultimately aiming to redefine productivity and the future of work.
With powerful investor support, the potential for creative technological solutions, and a business orientation, Writer is ready to become the leader of the next generation of generative AI.
