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Turing, a key coding provider for OpenAI and other LLM producers, raises $111M at a $2.2B valuation


As AI companies, the competition to improve the accuracy of large language models and the accuracy of the great language models and applications, a beginner, which is a basic partner in the performance of these efforts, announces a period of expanding financing. Turing, working in the Army of Engineers for the AI ​​projects, Openai and others for Openai and others, as well as a number of $ 111 million dollars for enterprises, $ 111 million.

Turing, about $ 167 million (review rate of the annual income) and is already profitable, CEO Jonathan Siddharth, said in an interview with TechCrunch. The plan will be able to use financing to expand its work to more customers and more. Tama Today says he works with 4 million codists around the world.

Tabara Nasional Berhad, Rour, Western capital, SOZO facilities, top capital, altair capital, Amino capital, Chips and Mastodon capital management, Malaysia, the capital of the sovereign wealth. Palo Alto Based Turing has so far raised $ 225 million.

Turing the company did not start the company as a great partner for AI companies. Initially, it was effective, it was a HR Tech startup. It was especially for its early product, remote-working coders, employed work and hiring platform began to depart During the Soviet-19 pandemic, the world’s growing appetite, for better vehicles to work with the source and distant teams. This work company was strong enough for the catapult “unicorn“The state.

It was strong enough to begin to draw attention to a different kind.

As this story Traffic light Last year, Siddharth was summoned in 2022 for a meeting that Siddharth would tell about the hiring of engineers in 2022. Instead turned out to be an offer. Openai researchers helped the code added to the training information and helped improve the model’s justification capacity and asked Turing to help the TURING create this code.

Siddharth, it caused all a new business focus for the start, and it is now working with a number of basic AI companies, as well as working with companies that build applications on these LLMs, he said.

It has not been Pivot: Siddharth said that Turing said, the old business source is still large, even if it does not reveal.



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