Tencent-backed Element AI raises $102m in Series A round led by Data Collective

Tencent-backed Element AI raises $102m in Series A round led by Data Collective

Human interaction with artificial intelligence | Photo: Bloomberg

Montreal-based artificial intelligence (AI) startup Element AI has raised a whopping $102 million in a Series A round led by venture capital firm Data Collective. The firm will use the funds to grow its talent pool and expand presence in Asia, with plans to open a Singapore office in the second half of this year.

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