Liner, an AI search engine for college kids and researchers, has raised $29 million (roughly Rs. 243 crore) from traders together with Intervest, Atinum Investment and Samsung Venture because it builds out its enterprise in specialised info retrieval.
The Seoul-headquartered AI startup’s greatest and fastest-growing market is within the US, the place it has 10 tens of millions customers throughout universities like UC Berkeley, Texas A&M, and the University of Southern California. The overwhelming majority of its paying customers are in larger training, and about two-thirds are within the US, founder and Chief Executive Officer Luke Jinu Kim stated in an interview.
Liner’s device, launched final yr, goals to be a extra dependable Artificial Intelligence (AI) service than general-use ones like OpenAI’s ChatGPT and Perplexity’s bots. It narrows its search to credible sources like educational papers and authorities databases, and the corporate has entry to a library of scientific journals and publications.
“It’s a new type of search engine. There’s no junk, only valuable information,” 33-year-old Kim stated. The device works throughout educational disciplines, from medication to engineering, humanities and historical past.
It makes use of generative AI, the identical tech that helped construct bots like ChatGPT and Alphabet Inc.’s Google Gemini, customiing giant language fashions to weigh the validity of knowledge. Students can ask complicated queries like “what are the key literary devices in Hamlet’s ‘to be or not to be’ soliloquy and what is their significance,” or “How do you calculate the heat loss through a wall with a material’s thermal conductivity, thickness and temperature difference.”
The startup has its roots greater than a decade in the past when Kim and Chanmin Woo had been undergrads and created a browser extension to spotlight solely pertinent outcomes from internet searches. When ChatGPT was launched in late 2022, they took the chance to create a extra disciplined chatbot that would not endure from hallucinations, Kim stated.
Investors within the Series B spherical embody LB Investment, in addition to current backers Capstone Partners and SL Investment, the startup stated. It has raised a complete of $33 million (roughly Rs. 277 crore) to date, and is including to its roughly 40-person world group with extra positions in San Francisco.
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