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AI & Enterprise
Wonderful raises $550 million in Series C at $5 billion valuation
Enterprise AI operating system company Wonderful said on Monday it raised $550 million in a Series C funding round, valuing the company at $5 billion. The round was led by global venture capital firm Insight Partners, with follow-on participation from Salesforce and existing investors including Index Ventures, IVP, Vy Capital, 9Yards and Bessemer Venture Partners. Wonderful plans to use the funds for product development and global expansion.
AI & Enterprise
Wonderful AI raises $150 million in Series B for AI agent development platform
Wonderful AI, a startup developing a platform for building AI agents, has raised $150 million in Series B funding, SiliconANGLE reported on Thursday. The round was led by Insight Partners, with participation from Index Ventures, IVP, Bessemer Venture Partners and Vine Ventures. The company was valued at $2 billion in the round. Wonderful AI offers a natural language-based software platform with low-code tools, simulation testing and post-deployment monitoring features.
AI & Enterprise
Chinese AI firms step up push as Korea sovereign foundation model drive enters new phase
Chinese tech firms are accelerating expansion in the AI market, with Baidu’s Ernie Assistant topping 200 million monthly active users and Kuaishou’s Kling AI reporting 12 million users and more than $20 million in monthly revenue. Alibaba unveiled a major update to its Qwen app. Startups also pressed ahead, including DeepSeek and Moonshot AI. In South Korea, a government-led foundation model project advanced three teams to the next stage and plans an additional selection.
