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N3pic to raise $13 billion investment in AI technology

nabil bank

San Francisco. American artificial intelligence (AI) startup Nthropic has raised $ 13 billion in investment. This investment has been made in series F phase under the leadership of an investment company named Iconic. The company’s latest valuation has reached $ 183 billion.

N3Pic is an American artificial intelligence (AI) technology company that aims to develop secure, transparent and responsive AI systems.

Founded in 2021 by former OpenAI researchers, the company is known for developing advanced language models called ‘CLODE’.

N3Pic’s main objective is to develop AI technologies that match human values and are safe in the long run. The company is providing reliable AI solutions for business use, including language processing, knowledge support, and decision support systems.

Fidelity Management and Research Company and Lightspeed Venture Partners have also co-led this investment phase.

According to the company, this investment will help expand capacity to meet business demand, deepen security research and help in international expansion.

The demand for our entire customer base is growing rapidly,” said Krishna Rao, Economic Head (CFO), N3Pic.

Earlier in March, the company raised $3.5 billion in the Series E phase and received a valuation of $61.5 billion. According to the company, the growth rate of Nthropic has accelerated after the launch of the AI model called CLODE in March 2023.

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