Allie Garfinkle / Fortune:

Arcee AI, which develops open-weight models in the US, raised a Series B at a $1B pre-money valuation; a source says Arcee raised at least $150M  —  In 2025, Mark McQuade took a gamble wholly specific to the AI era.  —  Arcee AI, the startup he founded in 2023, was focusing on post-training …

Allie Garfinkle / Fortune:

Arcee AI, which develops open-weight models in the US, raised a Series B at a $1B pre-money valuation; a source says Arcee raised at least $150M  —  In 2025, Mark McQuade took a gamble wholly specific to the AI era.  —  Arcee AI, the startup he founded in 2023, was focusing on post-training …

Source: TechMeme
Source Link: https://www.techmeme.com/260916/p36#a260916p36