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Core Automation seeks $300M-$500M at $4B valuation
Core Automation seeks to raise $300M–$500M at a $4B valuation, up from a $1B valuation at its prior $100M round, with Nvidia's startup investments drawing wider venture interest.
The Information: Sources: AI model builder Core Automation, founded in March by Jerry Tworek, aims to raise $300M-$500M at a $4B valuation after raising $100M at a $1B valuation — Nvidia's investment spree in startups that use its AI chips has stoked traditional venture capital firms' interest in those companies.
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