QuTwo raises $29 mn, valued at $380 mn within two months: Report

QuTwo, a Finnish AI startup founded by former AMD Silo AI CEO Peter Sarlin, has raised $29 million and is valued at $380 million, TechCrunch reported. Until recently, QuTwo was solely funded by Sarlin's family office. Launched in February, QuTwo already has $23 million in committed revenue and works with companies like Zalando. Its competitors include Classiq and Zapata Computing.