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Intel spinout Articul8 raises more than half of $70M round
## Articul8 Aims High with New Funding Round
Articul8, the company spun out of Intel specializing in artificial intelligence solutions, has announced that it has raised more than half of the $70 million targeted in its latest funding round. This new influx of capital brings the company's overall valuation to approximately $500 million.
## Exponential Growth for the Startup
Articul8's valuation for this round represents an increase of approximately fivefold compared to its valuation during the Series A round. This figure underscores investor confidence in the growth potential and technologies developed by the company in the field of artificial intelligence. In a rapidly expanding market, Articul8 is positioning itself as a key player, attracting capital and attention thanks to its innovative solutions.
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