Hark raises $700M Series A for its secretive “universal” AI interface
Hark has successfully raised $700 million in a Series A funding round, valuing the company at $6 billion. The company, founded by Brett Adcock, aims to develop a universal AI interface and is set to release its first models this summer. Despite the significant investment, details about Hark's products remain largely undisclosed.
- ▪Hark raised $700 million in a Series A round led by Parkway Venture Capital.
- ▪The company is valued at $6 billion post-money and plans to develop a personal AI assistant.
- ▪Hark currently employs 70 people and operates a data center with Nvidia B200 GPUs.
Opening excerpt (first ~120 words) tap to expand
What will it take to launch the first must-have AI consumer product? Maybe $700 million. At least according to Hark, an AI lab building models and hardware for an AI personal assistant, which said on Thursday that it had raised that much in a Series A round that values it at $6 billion post-money. The mega round was led by Parkway Venture Capital, and included Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures, and TamarackGlobal. (Phew!) Perhaps what’s most notable about the fundraise is how little Hark has revealed about what it is building.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.