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WebAI valuation tops $2.5 billion after funding round

Privacy-focused AI startup WebAI lifted its valuation to $2.5 billion through an extended Series A funding round, SiliconANGLE reported. Investors included Marc Benioff’s Time Ventures and Atreides Management, with existing backer Forerunner Ventures also participating. WebAI offers a platform to build “sovereign AI” models on local infrastructure, enabling companies to run AI on their own devices without sending data to cloud servers.