
Prem AI, a Lugano startup backed by Sequoia China and a Marvel Studios co-founder, is raising $100 million at a $500 million valuation. The company launched Fluso, an encrypted AI workspace that runs entirely on customer infrastructure, targeting hedge funds and law firms that cannot send data to third-party providers like OpenAI.
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Summary by ByteBrief
Nvidia Server Startup Raises $100M at $800M Valuation