Google for AI? Exa Raises $17M to Help AI Search the Web
Techcrunch•1 year ago•
1020

Google for AI? Exa Raises $17M to Help AI Search the Web

AI & Tech
AI
Search
Exa
MachineLearning
Technology
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Summary:

  • Exa is building a search engine designed specifically for AI models, enabling them to search the web for information.

  • Instead of traditional word-based search, Exa focuses on predicting the next link, allowing AI to understand web content more naturally.

  • Exa raised $17 million in Series A funding, bringing its total to $22 million, demonstrating the potential of its approach.

  • Exa's technology has various real-world applications, from powering chatbots to finding training datasets for machine learning models.

  • If AI becomes mainstream, Exa's AI-focused search engine could become a major competitor to traditional search giants like Google.

Exa: A Google for AI?

While startups like Perplexity aim to replace Google with AI-powered search, Exa takes a different approach: building a search engine specifically for AI models. Exa's founders believe that AI platforms need to be able to search the web for information and return accurate answers, just like humans do.

How Exa Works

Instead of relying on traditional transformers that predict the next word, Exa's search engine is trained to predict the next link. This unique approach allows AI models to understand and interact with web content in a more natural way, effectively searching for relevant information.

$17M Series A Funding

Exa recently secured $17 million in Series A funding led by Lightspeed, with participation from Nvidia's NVentures and Y Combinator. This brings Exa's total funding to $22 million, highlighting the potential of its innovative approach to AI search.

Beyond Chatbots: Real-World Applications

Exa's technology has wide-ranging applications beyond chatbots. For example, Databricks uses Exa to find large training datasets for its machine learning models. Exa offers an API version of its search engine, allowing developers to integrate it into various AI applications.

A Potential Threat to Google?

If AI becomes as ubiquitous as many in the tech industry believe, Exa's AI-focused search engine could pose a significant threat to Google's dominance in the search market. Exa's unique approach and growing user base suggest that it's a force to be reckoned with in the evolving landscape of AI technology.

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