Odaily News Israel’s artificial intelligence startup AI21 Labs raised an additional US$53 million, bringing the Series C financing amount to US$208 million. New investors include Intel Capital and Comcast Ventures. So far, AI21 Labs’ total financing amount has reached US$336 million, and its valuation is still US$1.4 billion. AI21 Labs’ funding from this round will be used for product development and increasing the number of employees, including recruiting employees who may leave OpenAI. It is reported that AI21 Labs’ flagship product is the pay-as-you-go developer platform AI21 Studio, which is used to build custom text-based business applications based on AI21’s proprietary text generation artificial intelligence model. (Techcrunch)