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748 A Tale of Two Startups; Xooglers Land $10 Million To Soften Your Accent

The Information
Stephanie Palazzolo @ The Information · 12/14/2023 10:10 EDT

A Tale of Two Startups; Xooglers Land $10 Million To Soften Your Accent

There’s something ironic about publishing a story on early-stage AI startups struggling to raise money and, over the next two days, writing about a one-year-old legal AI startup landing a $700 million post-investment valuation and a Xoogler-founded AI startup nearing a $2 billion price, as Natasha and I did yesterday. But these stories don’t contradict each other. Instead, a “tale-of-two-cities” narrative is playing out as generative AI hype has reached its peak.Some startups are having a hard time fundrais

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