These Companies Reached Unicorn Status in August 2023

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There are few things in the business world more difficult than reaching unicorn status. Defined as a startup that’s valued at more than $1 billion, many dream of this goal but very few successfully reach the summit. However, August 2023 saw eight new companies join the unicorn club. Let’s take a closer look at the details. 1. AI21 LabsMost recent valuation: $1.4BVC raised to date: $253.5M Specializing in artificial intelligence, AI21 Labs develops advanced language models to enhance natural language understanding and generation. Utilizing deep learning frameworks and computer vision algorithms…

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