The beginning of the end of the transformer era? Neuro-symbolic AI startup AUI announces new funding at $750M valuation

This post was originally published by [email protected] (Carl Franzen) on Venture Beat.

The buzzed-about but still stealthy New York City startup Augmented Intelligence Inc (AUI), which seeks to go beyond the popular “transformer” architecture used by most of today’s LLMs such as ChatGPT and Gemini, has raised $20 million in a bridge SAFE round at a $750 million valuation cap, bringing its total funding to nearly $60 million, VentureBeat can exclusively reveal.

The round, completed in under a week, comes amid heightened interest in deterministic conversational AI and precedes a larger raise now in advanced stages.

AUI relies on a fusion of the transformer tech and a newer technology called “neuro-symbolic AI,” described in