Meta’s AI Chatbot Llama Raises $100 Million in Funding

Meta's AI Chatbot Llama Raises 0 Million in Funding

Source: CNBC

Summary

Meta’s AI chatbot Llama has raised $100 million in a funding round co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures. The investment will help further develop the chatbot’s capabilities. The funding round was revealed in a filing with the Securities and Exchange Commission. This investment brings the total funding for Llama to $150 million.


Our Reading

The launch follows a familiar script.

Another AI chatbot gets a huge investment. Llama’s $100 million funding round is co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures. Because what the world really needed was another AI chatbot. This one’s got $150 million in total funding now. And we’re sure it’ll totally change everything. Again.


Author: Evan Null