Town, a startup that builds AI personal assistants for businesses, is in negotiations to raise funding at a valuation of about $1 billion.
Index Ventures is leading the round, according to the industry newsletter Newcomer. The fresh financing would make Town, dubbed “Silicon Valley’s new favorite AI tool” by Inc., the second personal-assistant company in a week to achieve unicorn status in what Newcomer calls a “personal agent frenzy.” READ MORE
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