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LangChain is about to become a unicorn, sources say
AI infrastructure startup LangChain is raising a new round at about $1 billion valuation led by IVP.
LangChain, an AI infrastructure startup providing tools to build and monitor LLM-powered applications, is raising a new round of funding at an approximate $1 billion valuation led by IVP, according to three sources with knowledge of the deal. When LangChain first emerged, LLMs lacked access to real-time information and the ability to perform actions such as searching the web, calling APIs, and interacting with databases. Furthermore, leading LLM providers including OpenAI, Anthropic, and Google have evolved their APIs to directly offer capabilities that were once key differentiators for LangChain’s core technology.
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