Writer, the AI startup dedicated to revolutionizing content creation, recently announced its successful fundraising of $100 million.

Writer Inc. specializes in AI-based content generation and summarization, and it just announced a significant funding of $100 million, pushing its valuation beyond the $500 million mark. secured This funding round was led by Iconiq Growth, welcoming notable investors like WndrCo, Balderton Capital, and Insight Partners. Additionally, Writer’s clients Accenture Plc and Vanguard Group Inc. also joined in, paving the way for advancements in AI model development.

May Habib, the CEO of Writer Inc., envisions that generative AI can significantly reduce the manual workload on professionals by automating monotonous tasks.

"Generative AI can diminish much of the cognitive labor that currently monopolizes our time, freeing us up for more creative endeavors,\" Habib stated.
Following the investment from Iconiq Growth, Doug Pepper, a General Partner, has joined Writer’s board, marking a significant addition as the seventh member. He emphasized the excitement surrounding the enterprise AI sector and acknowledged the startup's valuable contributions to enhancing client productivity.

Founded in 2020 by May Habib and Waseem AlShikh, the company utilizes Large Language Models (LLMs) trained on vast online text data to enhance corporate content creation, and their services are already in use by clients such as L’Oréal, Spotify, Pinterest, Deloitte, and Uber.

Writer is on a mission to enable businesses to harness AI capabilities for diverse tasks, from writing product descriptions and job postings to generating social media content, performing data analytics, and automating various tasks.

For example, L’Oréal harnesses the power of Writer’s software for its marketing efforts, reflecting the tangible results of AI-driven content generation.

Writer Aims to Resolve Key Challenges with Generative AI digital marketing campaigns Writer is dedicated to upholding factual accuracy; its AI model has been engineered to prevent generation of any misleading or incorrect information.

The company's strategy integrates training models with both publicly available information and proprietary data from clients, crafting a unique model tailored to each business's needs. All data is stored securely in the client’s cloud, ensuring clear visibility regarding source material.

In an interview with Forbes, Habib  asserted In a recent interview, Writer outlined its strategy to combat the challenge of 'hallucination'—a phenomenon where AI outputs erroneous information. By enhancing communication between encoders and decoders and utilizing proprietary client data, the company strives for both accuracy and inclusivity in its generated materials.

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• Agne is a journalist passionate about the latest advancements in the metaverse, AI, and Web3, working for the Metaverse Post. Her love of storytelling drives her to interview industry experts, always on the hunt for captivating narratives. With a Bachelor’s degree in literature and a rich background in writing on diverse topics like travel, art, and culture, she also volunteered as an editor for an animal rights organization, raising awareness about animal welfare. You can reach out to her via