PANews reported on August 8 that according to The Information, sources said that Harmonic, an AI reasoning startup co-founded by Robinhood CEO Vlad Tenev and self-driving car entrepreneur Tudor Achim last year, has been in talks with investors such as Sequoia Capital and Index Ventures for financing.

According to a person familiar with the matter, the total financing may reach $50 million before the new capital is in place, with a valuation of $250 million. According to documents shared with potential investors, Quora founder Adam D'Angelo, DST Global's Yuri Milner and Ribbit Capital founder Micky Malka have also invested in the company before.