Use of Funds and Expansion Plans

On Monday, Luminal announced $5.3 million in seed funding, in a round led by Felicis Ventures with angel investment from Paul Graham, Guillermo Rauch, and Ben Porterfield. 

Also, as U.S. giants like Google, OpenAI, and Anthropic race to develop the large language models that underpin their AI products, startups such as Sakana AI, Mistral AI, DeepSeek, and AI 21 Labs are carving out their own niche with specialized models designed for specific regions, industries, or unique features.

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