Temporal in talks to double valuation to $5 billion: Report
Software startup Temporal Technologies is in advanced talks to raise fresh capital at a $5 billion valuation, double of what it was valued at in a financing three months ago, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Venture firm Andreessen Horowitz is in discussions to lead the round, the report said.
The valuation signals that funding appetite for artificial intelligence-related firms has remained strong. Temporal sells products that let companies build and manage complex software applications to customers including AI firms.
