AI startup Isara completes $94 million in funding, with investment from OpenAI.

Gate News reports that on March 27, AI startup Isara recently completed a $94 million funding round. Isara stated that OpenAI invested in the company at a valuation of $650 million, with other investors including Michael Ovitz and Stanley Druckenmiller. The company was founded by two 23-year-old AI researchers, Eddie Zhang and Henry Gasztowtt, in June of last year, with Eddie Zhang having previously worked at OpenAI. Isara’s initial goal was to sell its software to investment firms for predictive modeling, as well as to other financial services companies.

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