Exa Labs completes $250 million new funding round led by a16z

Odaily AI search startup Exa Labs has completed a $250 million new funding round, led by a16z, with a post-investment valuation rising to $2.2 billion. The company focuses on building search engine infrastructure for the AI era. Following this funding round, its valuation has more than tripled from approximately $700 million last autumn. Industry insiders believe that as the popularization of artificial intelligence accelerates, the traditional search engine landscape dominated by Google could be reshaped. (Bloomberg)