AI & Enterprise
U.S. open-weight AI model startup Arsi AI tops $1 billion valuation
U.S. startup Arsi AI, which develops open-weight AI models, has raised Series B funding at a valuation of about $1 billion, SiliconANGLE reported on Sept. 17. The funding amount was not disclosed, but Fortune said the round was worth at least $150 million. Vista Equity Partners, Cambium Capital and Emergence Capital led the investment, with A10 Ventures, Hitachi, IAG, Microsoft M12, P7 and Wipro also participating.