AI21 Labs develops advanced AI systems and language models, focusing on enterprise solutions and natural language processing.
AI21 Labs, founded in 2017 by Amnon Shashua, Yoav Shoham, and Ori Goshen, specialises in building AI systems and Foundation Models for enterprise use. The company's mission is to bridge the gap between cutting-edge research and practical, enterprise-ready AI solutions. AI21's models focus on enhancing communication, decision-making, and innovation for businesses.
AI21's first consumer product, Wordtune, is an AI-powered writing assistant used by over 10 million people globally. This product tested the potential of their language models, leading to the development of enterprise-level models. Their flagship model family, Jamba, offers production-grade, state-of-the-art language models with a hybrid Mamba-Transformer architecture. Jamba models are designed to handle long context windows of up to 256k tokens, which allows for efficient processing of large datasets. The models are built to be flexible, scalable, and optimised for speed.
The company provides various deployment options, including SaaS, APIs, private VPC, and on-premise, to suit different enterprise needs. AI21's RAG Engine (Retrieval-Augmented Generation) is a core feature that supports conversational AI systems by grounding them in enterprise data. Security and compliance are integrated into their solutions to ensure data privacy.
AI21 has raised significant funding, including $155 million in a Series C round, with investors such as Google and Nvidia. The company’s enterprise clients include sectors like fintech and research, and it has partnerships with leading cloud platforms.
AI21’s tools enable enterprises to integrate generative AI models into their workflows, offering solutions for customer service, content generation, and more. With continuous improvements and hands-on support, AI21 empowers businesses to deploy AI confidently and securely, making it a leading player in AI for enterprises.
AI21 Labs was founded in November 2017 in Tel Aviv, Israel, by Amnon Shashua, Yoav Shoham, and Ori Goshen. The company focuses on developing advanced AI systems and language models, particularly in the field of Natural Language Processing (NLP). Its goal is to build AI systems that can become useful thought partners for humans in enterprises, bridging the gap between research and real-world applications.
In January 2019, AI21 Labs raised $9.5 million in a seed funding round to support its development efforts. The company launched its first product, Wordtune, in October 2020. Wordtune is an AI-based writing assistant that helps users paraphrase and rewrite content by understanding the context of the text. The product quickly gained popularity, reaching over 10 million users globally. In 2021, Google named Wordtune one of its favourite Chrome extensions.
In August 2021, AI21 Labs launched AI21 Studio, a platform that provides APIs and tools for developers to build applications using AI21's language models. During the same period, they introduced Jurassic-1, their first large-scale language model with over 250,000 tokens, marking a significant achievement in the NLP domain.
In November 2021, AI21 raised $20 million in funding from Walden Catalyst, followed by a $25 million Series A round later that month, led by Pitango First. The company's progress continued with a $64 million Series B funding round in July 2022, led by Ahren, along with other investors like Walden Catalyst and TPY Capital.
In March 2023, AI21 Labs launched Jurassic-2, which included improvements such as faster response times and support for multiple languages. In August 2023, the company closed a $155 million Series C funding round, with new investors including Google and Nvidia.
In March 2024, AI21 released Jamba, an open-weights large language model based on the hybrid Mamba-SSM Transformer architecture. This model provides a 256k token context window, optimised for enterprise-level tasks.
As of 2024, AI21 Labs is a prominent player in AI development, providing cutting-edge AI tools and systems for enterprises. Their focus on developing NLP solutions and foundation models has led to significant partnerships with major companies and ongoing advancements in the AI field.
AI21 Labs' mission is to bridge the gap between advanced AI research and real-world applications for enterprises. The company aims to create AI systems that empower businesses to communicate effectively, make informed decisions, and innovate efficiently. By building state-of-the-art language models and tools, AI21 Labs enables organisations to design custom generative AI applications tailored to their needs. Their focus is on developing reliable, scalable, and secure AI systems that can be easily integrated into enterprise workflows, helping companies unlock the potential of AI for improved productivity and performance.
AI21 Labs' vision is to transform how businesses use artificial intelligence by making advanced AI systems accessible, practical, and impactful. They aim to lead the development of AI models that enhance human abilities, helping organisations to solve complex problems, communicate clearly, and innovate without limits. By continuously advancing their AI technology and focusing on real-world applications, AI21 Labs envisions a future where businesses of all sizes can harness the power of AI to improve efficiency, decision-making, and overall performance while maintaining security and scalability in every solution they offer.
AI21 Labs specialises in developing advanced AI products and services, particularly focused on Natural Language Processing (NLP) and enterprise solutions. Their offerings cater to both individuals and businesses, helping them leverage artificial intelligence for improved communication, efficiency, and innovation. Below is a detailed overview of AI21 Labs’ key products and services.
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