Swiss AI startup Giotto.ai seeks funding at over $1 billion valuation, sources say
Swiss AI lab Giotto.ai is seeking to raise funding at a valuation above $1 billion, pitching itself as Europe’s latest contender in the race for artificial general intelligence (AGI), people familiar with the matter told Reuters.
The Lausanne-based startup has hired investment bank Lazard to help raise more than $200 million, the people said, requesting anonymity to discuss private matters.
