
Exclusively: Decart raises $ 100 million with a rating of $ 3.1 billion, chasing the future of artificial intelligence in actual time
Dean Leesdorf I am on Zoom, watching a sabrina carpet music video.
In “TASTE”, Carpetter and Jenna Ortega Feud Feud more than necessary-with leaflets, layers and camp. But we do not see the origin. In real time, the video is transferred to snowy wonders, with the permission of the artificial intelligence model called Mirage. The model was built by Decart, an Amnesty International laboratory that focuses on the interactive experiences that were founded by Leesdorf. Mirage describes as a “global transformation model”, but Leesdorf prefers “Livestream” – “Better Name”, he says.
“Look, I am a Lego man!” Leitersdorf laughs and we move on other capabilities on Mirage. Effectively, Leesdorf explains how his video seems to be transformed into “Zombies!” The situation, flying through “Cabincore” and Steampung modes. In “World Of Wizards”, it shows me how worldly beings-such as pens-appear as a light package.
This is fun and games alike, completely dangerous-Leitersdorf, who established the company with Moshe SHALEV in 2023, was clear about the depth of his ambition: he wants to be Decart (yes, named with the philosopher in mind) to be a trillion dollars.
“We are here to create an application for consumers one billion users,” said Leitersdorf. “Chatgpt cannot be the last thing that a billion people will install on their phones. It cannot be the case. The next thing a billion people on their phones should be a monastery producer … So, the vision is: a billion -user user company completely changing it with that, and we do this by building one of the best AI laboratories. Fun, a talented team.”
Decart closed the B series of $ 100 million, and the company’s evaluation of $ 3.1 billion, luck I learned exclusively. Sequoia Capital, Benchmark and Zeev Ventures, all current investors, shared the tour, with the new investor Aleph VC also joined. This tour is undoubtedly a leap in evaluation – excessive reports of Pin Decart’s evaluation of $ 500 million. (The company did not comment on specific numbers.) More than that, Leitersdorf says that the increase was completely unnecessary – although $ 153 million in the past 11 months, Decart has spent less than $ 10 million in the money of its investors.
However, Decart is still out of its targets trillion dollars. But Leitersdorf-born in Israel, which grew up in Palo Alto, who obtained a doctorate by 23-this ambition was rejected with very freight confidence.
“Give her five years, 10 years,” said Leitersdorf. “If this succeeds, this is incredible. And if it didn’t happen, you have the best five years of your life. It took a year to say that in the open. People definitely told us, as soon as we said that publicly,” Crazy comrades. “I say, let them call us crazy.”
And to be clear, Do It looks crazy – although it’s not crazy as it was a few years ago. The trillion dollars were not present at all (at least, not in modern financial markets) until 2018, when apple The mark crossed for the first time. Today, depending on the fluctuations, there are between eight and 10 trillion companies in the world according to the maximum market. The goals of the goals move in the market, and the natural scene of the Internet is about to change.
Leitersdorf has a clear view on how to change the Internet after Chatgpt. Before the separation, the Internet use of the consumer can be divided into four categories-knowledge, e-commerce, communication, and creativity (or, if you want, fun). Issue: With the rise of artificial intelligence, the first three categories are already on their way to fully convert it by artificial intelligence agents and chat chat. This leaves creativity and fun, as Descartes believes that he can have an effect, he said to embody.
“Think of Netflix, Minecraft, Instagram, Tiktok, all this is a large part of the Internet,” he said to luck. “It explains more than half of the Internet, while it is spent in dollars and dollars. Artificial intelligence is still completely done. Our TIKTOK’s extracts were overwhelmed by Amnesty International Cats. But this is not a really new experience. We are still doing a lot of things we have done years ago, and the applications that we have opened have opened a long time ago and engage with them in the way we always have.”
“Over time, we will not only see Sabrina Carpenter videos. The same experience will change,” added Leitersdorf.
Openai update … Openai is It is said It is scheduled to reach an evaluation of $ 500 billion, and – It is said-GPT-5 is expected to see the company.
Emimi … The second episode of Podcast term Live! Our next guest: Taylor Outman, CEO and founder of Laaville – the company An increase of $ 57 million from Access last year It was one of our most reading leaf for 2024. Listen here.
We see you tomorrow
Allie Garfinkle
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Email: Alexandra.garfinkle@fortune.com
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Adventure deals
– Chai discoveryAmnesty International -based Engineering Company, based in San Francisco, raised $ 70 million of funding from the series A. Menlo Projects Lead Yosemitand DST worldwide Partnersand SV angeland futureand DcvcAnd others.
– Positive developmentMclean, VA. Its headquarters. Development therapy for children with autism, $ 51.5 million in financing from the chain C. Mother Fundand B capitaland and Flare Capital Partners Lead Healthworxand Digitalis ProjectsAnd others.
– LorrichtA developer in New York City, who resides in New York City, raised $ 35 million of funding from the series A. We are Investors Lead Shahrourand square linkand Transcendence capitaland Capital 49and Operator Partnersand ArtreeeAnd Sports projects.
– LyonApproach and intelligence platform in Amnesty International in New York City raised $ 9.3 million of seed financing. Nia Lead Cedars Sinai health projectsand TMVand rub capitalAnd Graduates Projects.
Private property rights
– Avs the biographyand A portfolio company Arlington capital PartnersAcquired IPA EurobeBrussels, the Antibody Discovery Company in Belgium and Protein Production, engraved from immune antibodies. The financial conditions have not been revealed.
– BV investment partners The majority share has gained in the Millennium allianceNew York City conference platform and executive education. The financial conditions have not been revealed.
– OpinionWith the support of who five Durdar capitalAcquired CleansingFlorida -based Miami. The financial conditions have not been revealed.
Output
– Progress EycareA portfolio company Cornell capitalAcquired Birmingham opticalIt is a UK -based optical equipment and services company. The financial conditions have not been revealed.
– Blackstone He agreed to acquire EnverusAustin platform, Texas, Energy Intelligence Platform, from Austin, from Texas, from Hilman & Friedman and Restart capital. The financial conditions have not been revealed.
– Kkr Restoring dentistryIrvin, California, based in revenue management solutions for dental practices. Brezoline Sagemount They got out of their investments in the company as part of the transaction. The financial conditions have not been revealed.
the people
– eclipseAnd it is the investment capital company in Palo Alto, based in California atmosphere to understand As a partner and head of growth. The conquest was previously T. Rowe Price.
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