Prime Intellect raises $130M Series A to help enterprises build their own AI agents
Prime Intellect, a startup that provides computing power and specialized software tools that help companies build AI agents, has raised $130 million Series A at a $1 billion valuation.
The massive round was led by Radical Ventures, with participation from Nvidia Ventures, Intel Capital, Dell Technologies Capital, Iconiq, and a long list of angel investors who are founders of notable companies, including, Aravind Srinivas (Perplexity), Aaron Levie (Box), Winston Weinberg (Harvey), Jeff Wang (Cognition), and Brendan Foody (Mercor).
Founded in 2024, Prime Intellect’s goal is to give organizations capabilities to train their own agentic systems without relying on frontier AI labs. While this mission would have been hard to achieve just a few years ago, the rise of reinforcement learning techniques, which iteratively reward successful task completion and penalizes errors, can allow companies to become their “own AI lab” by refining models for specific business tasks.
Although it is now...
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