AI Image Generator Black Forest in Talks for $3.25 Billion Valuation
Black Forest Labs, a German AI image generator startup, is in discussions to raise a new funding round that could value the company at $3.25 billion. Salesforce Ventures and AMP, an investment vehicle led by Andreessen Horowitz general partner Anjney Midha, are expected to co-lead the funding round. The details of the investment and the exact valuation are still being negotiated, according to sources familiar with the matter. Black Forest Labs has developed an AI-powered image generation technology that has gained traction in the market. The new funding round is expected to help the company expand its operations and further develop its technology. The potential valuation of $3.25 billion underscores the growing interest and investment in the AI-powered image generation space.
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