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AI startup Clay‘s valuation more than doubled to $3.1 billion in the latest funding round, as investors continue to pour money into artificial intelligence companies.
The company raised $100 million in the round, led by Google-parent Alphabet‘s independent growth fund, CapitalG, indicating industry validation for Clay’s offerings.
Clay was valued at $1.5 billion about three months ago, in an employee tender offer.
AI and its commercial applications have continued to draw billions in funding as investors bet on the promise of the technology to enhance…
