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About Exa Labs
Industries
Data & Analytics
AI & Machine Learning
Company Size
11-50
Company Stage
Series A
Total Funding
$26.3M
Headquarters
San Francisco, California
Founded
N/A
Overview
Exa Labs develops an AI-driven search engine that provides precise, real-time data for businesses and developers. Their main product is an API that enables users to easily access high-quality data from the web with minimal coding. This service is designed to improve upon traditional search engines, which often rely on keyword matching and can yield less accurate results. Exa Labs operates on a subscription model, offering new users 1000 free searches per month, with additional searches available through paid plans. The company aims to be the go-to data source for AI applications, and recently secured $17 million in Series A funding to enhance their product and expand their market presence.
Simplify's Take
What believers are saying
- Increased demand for AI-driven data solutions boosts Exa.ai's market potential.
- Recent $17M funding supports Exa.ai's growth and infrastructure development.
- Growing interest in semantic search aligns with Exa.ai's technology focus.
What critics are saying
- Emerging competition from AI-driven search startups threatens Exa.ai's market share.
- Subscription model may face challenges if competitors offer better pricing.
- Rapid AI development pressures Exa.ai to continuously update its technology.
What makes Exa Labs unique
- Exa.ai uses embedding technology for semantic search, enhancing precision over traditional methods.
- The API offers real-time data retrieval, crucial for AI model training and applications.
- Exa.ai's subscription model provides scalable data solutions, unlike traditional search engines.
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Funding
Total Funding
$26.3M
Above
Industry Average
Funded Over
2 Rounds
Lightspeed Venture Partners
Y CombinatorIndustry standards
Company News
Exa, an AI-focused search engine, raised $17 million in a Series A funding round, backed by NVIDIA's NVentures and Y Combinator. Exa aims to address AI hallucinations by using embedding technology for semantic understanding, offering precise and high-quality search results. Unlike traditional engines relying on keyword matching, Exa's model filters out low-value content, enhancing AI applications' data accuracy and reliability. The company plans to expand its tools for professional users.
Exa, an AI research lab focused on redesigning search, has secured $22 million in seed and Series A funding led by Lightspeed Venture Partners, with participation from NVentures and Y Combinator. This funding will help Exa build a search engine optimized for AI, using embedding models to enhance search precision. Thousands of companies and developers have already integrated Exa's technology, including AI writing assistants and AI research teams at firms like Databricks.
The Exa API retrieves the best, realtime data from the web to complement your AI
Yapay zeka alanında faaliyet gösteren Exa, 17 milyon dolar yatırım aldı. Şirketin A serisi yatırım turu, Lightspeed liderliğinde gerçekleşti. ABD merkezli Exa'nın yatırım turunda NVIDIA’nın yatırım kolu olan NVentures ve Y Combinator da yer aldı. Şirket, yeni gelen yatırımı altyapı, donanım ve Ar-Ge yatırımları yapmak için kullanacağını açıkladı.2021 yılında William Bryk ve Jeffrey Wang tarafından San Francisco'da kurulan Exa, yapay zeka platformları için özel olarak tasarlanmış arama motoru geliştiren bir girişim olarak ön plana çıkıyor. Şirket, temelde yapay zeka modellerinin internet üzerinde bilgi arayışlarını daha verimli hale getirmek için teknoloji geliştiriyor.Exa'nın arama motoru, yapay zeka modellerinin internette arama yapmasını ve doğru bilgilere ulaşmasını sağlıyor. Bu teknoloji, yapay zekanın insanlara cevap verirken veya eğitim verileri toplarken ihtiyaç duyduğu bilgilere erişimini kolaylaştırmak için tasarlandı.Exa’nın sistemi, bağlantıları tahmin ederek arama sonuçlarını sunuyor
Exa raises $22MM to build the search engine for AI.
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About Exa Labs
Industries
Data & Analytics
AI & Machine Learning
Company Size
11-50
Company Stage
Series A
Total Funding
$26.3M
Headquarters
San Francisco, California
Founded
N/A
There are no jobs for Exa Labs right now.
Find jobs on Simplify and start your career today