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AI model maker Domyn raises over $1bn

Domyn, an Italian company specializing in large-language models (LLMs), has successfully raised $1.1 billion in debt and equity funding over the past two years, according to its founder and CEO Uljan Sharka. The Milan-based firm is at the forefront of the EU's Europa frontier model consortium, spearheaded by Daphné Leprince-Ringuet and Maya Dharampal-Hornby, both reporters for Sifted, a news platform based in Paris and London, respectively.

Both journalists cover UK and European tech, with Dharampal-Hornby also producing Startup Europe — The Sifted Podcast.

Written by urgent.news from Sifted's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at sifted.eu →

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