According to Foresight News, AI chatbot developer Kore.ai has completed a $150 million financing round led by FTV Capital, with participation from investors such as Nvidia. Raj Koneru, founder and CEO of Kore.ai, stated that the company's revenue has grown by triple-digit percentages over the past few years, without revealing specific details. He added that Kore.ai will be ready for an IPO in terms of scale and process in about two years.
Kore.ai integrates multiple commercial and open-source large language models, such as those built by OpenAI, Google, Meta Platforms Inc, Anthropic, and Cohere. The company then fine-tunes these platforms or trains them further with new data for specific tasks.