Deepset, a platform for building enterprise apps powered by large language models akin to ChatGPT, today announced that it raised $30 million in a funding round led by Balderton Capital with participation from GV and Harpoon Ventures.
The proceeds will be put toward expanding Deepset’s products and services and growing its team from around 50 people to 70 to 75 by the end of the year, co-founder and CEO Milos Rusic says.
“In many organizations, data science teams are still the default option for ‘all things AI.’ In reality, a lot of data science teams are restructuring, relearning and reshaping their habits to match the growing demands of the product teams and the end-users in the enterprise,” Rusic told TechCrunch in an email interview. “The industry is shifting from AI labs to AI factories — it’s ...
