Harvey Raises $200M at $11B; Periodic Labs Nears $7B

Legal AI startup Harvey's latest round values it at $11 billion, while a new AI neolab founded by ex-OpenAI and DeepMind researchers approaches $7 billion.

Legal AI company Harvey has raised $200 million in new funding at an $11 billion valuation, as reported by Bloomberg. Separately, Periodic Labs — a company founded by former OpenAI and DeepMind researchers — is reportedly closing in on a $7 billion valuation. A Thai AI company, Amity, also raised $100 million.

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