Clay valued at $3.1 billion in latest fundraise as AI continues to run hot


AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration

(Reuters) -AI startup Clay's valuation more than doubled in about three months to $3.1 billion in its latest funding round, as investors continue to pour money into artificial intelligence companies.

Clay operates an AI-centered platform to automate sales and marketing operations, and counts Google and Reddit as customers.

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