AI Funding Tracker
GlobeNewswire ·
TwelveLabs Raises $100 Million in Series B Funding to Build Video Superintelligence
Wortins’ read
Video has been the neglected middle child of the multimodal boom, expensive to index and annoying to search, and TwelveLabs just got paid handsomely to fix that. Amazon writing a check here is the tell, this is as much an AWS compute and distribution play as it is conviction in the tech. Watch for enterprises sitting on decades of unindexed video archives to become the real battleground, not consumer video search.
Source: GlobeNewswire
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