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Money + Investments

Eightfold AI Hints at Unicorn Status, Rakes in $125m

RNN Staff

October 27, 2020

Money + Investments

Eightfold AI Hints at Unicorn Status, Rakes in $125m

RNN Staff

October 27, 2020

Photo by Faye Cornish

We are at the dawn of a new era: the Automation Age. To wrinkle that a bit, a new era, with all of its hope coupled with all of its pain, began. And we quickly found out that was a bit too optimistic. Because: 2020.

That said "there's money to be made in them hills" is still true. We need tools to adapt. Disaster creates a weird optimism. So it's a complex moment.

Not every platform, and tool, in the technology space will make it. Timing matters. In this case, if you have a solution that can touch on automation, bit of AI, and help wit diversity? That's money.

Here's this week's example. I don't think it will be the last, btw: Eightfold AI Announces $125m Series D Funding. The company claims it is at a $1 billion valuation - so, unicorn. We'll see.

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This is a lot of cabbage
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