Tuesday, 23 September, 2025
Swiss AI Startup Giotto.ai Seeks Over $200M Funding to Achieve $1B+ Valuation
Swiss AI lab Giotto.ai is reportedly seeking over $200 million in funding, aiming for a valuation exceeding $1 billion. Positioned as a European contender in the AGI race, the Lausanne-based startup plans to utilize the capital for AI research, commercial prototypes, and open-sourcing core technology. This move underscores Europe's growing ambition to rival U.S. and Chinese AI dominance.
Read full story at Economic Times