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AI memory startup focused on cutting token costs raises $98 million
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- With corporate America finally starting to crack down on untamed AI usage by developers, an 8-month-old startup called Engram sees a big business opportunity in helping companies save money.
- Engram on Tuesday announced that it raised $98 million from investors including General Catalyst, Kleiner Perkins and Sequoia, as well as OpenAI co-founder Andrej Karpathy, who recently joined Anthropic.
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With corporate America finally starting to crack down on untamed AI usage by developers, an 8-month-old startup called Engram sees a big business opportunity in helping companies save money.
Engram on Tuesday announced that it raised $98 million from investors including General Catalyst, Kleiner Perkins and Sequoia, as well as OpenAI co-founder Andrej Karpathy, who recently joined Anthropic.
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