Liner, an AI search engine for college kids and researchers, has raised $29 million (roughly Rs. 243 crore) from traders together with Intervest, Atinum Funding and Samsung Enterprise because it builds out its enterprise in specialised info retrieval.
The Seoul-headquartered AI startup’s largest and fastest-growing market is within the US, the place it has 10 hundreds of thousands customers throughout universities like UC Berkeley, Texas A&M, and the College of Southern California. The overwhelming majority of its paying customers are in greater training, and about two-thirds are within the US, founder and Chief Govt Officer Luke Jinu Kim mentioned in an interview.
Liner’s instrument, launched final yr, goals to be a extra dependable Synthetic Intelligence (AI) service than general-use ones like OpenAI’s ChatGPT and Perplexity’s bots. It narrows its search to credible sources like tutorial papers and authorities databases, and the corporate has entry to a library of scientific journals and publications.
“It is a new sort of search engine. There is no junk, solely beneficial info,” 33-year-old Kim mentioned. The instrument works throughout tutorial 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 massive language fashions to weigh the validity of data. College students can ask complicated queries like “what are the important thing literary units in Hamlet’s ‘to be or to not be’ soliloquy and what’s their significance,” or “How do you calculate the warmth loss by a wall with a cloth’s thermal conductivity, thickness and temperature distinction.”
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 undergo from hallucinations, Kim mentioned.
Traders within the Sequence B spherical embody LB Funding, in addition to present backers Capstone Companions and SL Funding, the startup mentioned. It has raised a complete of $33 million (roughly Rs. 277 crore) to date, and is including to its roughly 40-person international workforce with extra positions in San Francisco.
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