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AI21 Labs

Generative AI systems

AI21 Labs logo
201-500 employees
  • B2B
  • Artificial Intelligence
  • Enterprise
  • Deep Tech
  • Machine Learning
  • SaaS
Tel Aviv-Yafo, Tel Aviv District

Company mission

To build AI systems with an unprecedented capacity to understand and generate natural language.

Our take

AI21 Labs addresses a significant challenge in the realm of artificial intelligence by recognising the limitations of general-purpose language models (LLMs) in enterprise settings. In response to this problem, AI21 has introduced the AI21 Studio Platform, emphasising Task-Specific Models - optimised LLMs specifically designed to excel in distinct natural language processing (NLP) capabilities.

The architecture employed by AI21 integrates LLMs, external knowledge sources, and discrete reasoning to enrich the LLMs with knowledge and reasoning, contributing to a flexible architecture that incorporates multiple models. This innovative approach, alongside the company's development of LLMs for consumer application development, is what makes it stand out in the space.

With a successful Series C funding round, putting the company's value at $1.4 billion, AI21 is positioned for substantial growth and impact. The funding will go towards increasing the company's influence by emphasising a tailored approach to AI, with its rather niche focus suggesting a promising trajectory as it helps shape the future of AI-first enterprises.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Funding (last 2 of 6 rounds)

Nov 2023

$53m

SERIES C

Aug 2023

$155m

SERIES C

Total funding: $326.5m

This company has top investors

Leadership

Ori Goshen

(Co-Founder & Co-CEO)

Previously founded CrowdX (acquired by Cellwize) and tawkon. They also served as a Director of Technology at Cellwize before co-founding AI21 Labs in 2017.

Yoav Shoham

(Co-Founder)

For the past 36 years they have been a Professor at Stanford University. Previously they were co-founder and Chairman of WeCode, Figure8, and Timeful. They also worked as a Principal Scientist at Google.

Job (1)

All locations

Sales & Account Management